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Ashurbanipal Ashurbanipal
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9 months ago

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

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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jarste123jarste123
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9 months ago
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Ashurbanipal Author
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9 months ago
Good timing, thanks!
my2redeyes
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Yesterday
Just got PERFECT on my quiz
lipop
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2 hours ago
Helped a lot
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