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PorterOlaph PorterOlaph
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6 years ago
Judith Corp. has current assets worth $50,000 and current liabilities worth $75,000. Current assets include inventory of $10,000. Calculate acid test ratio.
A) 1.500
B) 0.533
C) 0.625
D) 0.667
Textbook 
Forensic Accounting

Forensic Accounting


Edition: 1st
Authors:
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discovrndiscovrn
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6 years ago
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PorterOlaph Author
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6 years ago
Much appreciated. Excellent explanation too
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