What Is the Acid-Test Ratio for a Merchant with the Following

question 32

Multiple Choice

What is the acid-test ratio for a merchant with the following account balances? (Round your answer to two decimal places. )

• A)0.76
• B)0.42
• C)0.61
• D)0.82

---

Definitions:

Response Time

The amount of time it takes to react to a request, inquiry, or stimulus.

Defendant

The individual or group facing a legal case brought against them in a judicial setting.

Certified Mail

A postal service that provides the sender with a mailing receipt and electronic verification that an item was delivered or an attempt was made.

E-mail

A method of exchanging digital messages across the Internet or other computer networks.