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Home Q & A Board Other Fields Homework Help Business Accounting
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mariasmakatof mariasmakatof
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9 months ago
Stimac Corporation has total cash of $210,000, no marketable securities, total current receivables of $281,000, total inventory of $151,000, total prepaid expenses of $53,000, total current assets of $695,000, total current liabilities of $261,000, total stockholders’ equity of $1,014,000, total assets of $1,415,000, and total liabilities of $401,000. The company’s acid-test (quick) ratio is closest to:

▸ 2.08

▸ 1.73

▸ 2.66

▸ 1.88
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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Gimor1220Gimor1220
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mariasmakatof Author
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9 months ago
Brilliant ツ
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You make an excellent tutor!
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This site is awesome
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