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rolpace88 rolpace88
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Posts: 3242
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8 years ago
Find the acid-test ratio for Milton's business if the balance sheet shows the following amounts: cash, $35,214; receivables $10,737; marketable securities, $0; current liabilities $23,155. Round to two decimal places.
A) 1.16 to 1
B) 1.06 to 1
C) 1.98 to 1
D) 3.28 to 1
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Business Math

Business Math


Edition: 10th
Authors:
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MillionMillion
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#1
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8 years ago
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rolpace88 Author
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#2
8 years ago
Wonderful, thx.
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#3
8 years ago
You're welcome. All I ask in return is a thumbs up!
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