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Nickolls Corporation has provided the following financial data:Cash$ 222,000Accounts receivable, ...

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Nickolls Corporation has provided the following financial data:Cash$ 222,000Accounts receivable, ...

Nickolls Corporation has provided the following financial data:

Cash	$ 222,000
Accounts receivable, net	$ 336,000
Total current assets	$ 794,000
Total current liabilities	$ 235,000

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

▸ 2.64

▸ 2.37

▸ 3.27

▸ 3.38

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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More solutions for this book are available here

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ScienceForte Author

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This helped my grade so much Perfect

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Brilliant ツ

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Good timing, thanks!

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