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Nickolls Corporation has provided the following financial data:Cash$ 188,000Accounts receivable, ...

Ashurbanipal

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Nickolls Corporation has provided the following financial data:Cash$ 188,000Accounts receivable, ...

Nickolls Corporation has provided the following financial data:

Cash	$ 188,000
Accounts receivable, net	$ 285,000
Total current assets	$ 709,000
Total current liabilities	$ 167,000

The company’s acid-test (quick) ratio is closest to:

▸ 2.47

▸ 2.83

▸ 3.10

▸ 4.25

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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jarste123

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More solutions for this book are available here

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Ashurbanipal Author

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Correct

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This helped my grade so much Perfect

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