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Home Q & A Board Other Fields Homework Help Business Accounting
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kady kady
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9 months ago
Stimac Corporation has total cash of $245,000, no marketable securities, total current receivables of $316,000, total inventory of $165,000, total prepaid expenses of $60,000, total current assets of $786,000, total current liabilities of $282,000, total stockholders’ equity of $1,714,000, total assets of $2,465,000, and total liabilities of $751,000. The company’s acid-test (quick) ratio is closest to:

▸ 2.20

▸ 1.82

▸ 2.79

▸ 1.99
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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shindh02shindh02
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kady Author
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Brilliant ツ
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