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  3. a company has a current ratio of 2.0. cash is 20%,

A company has a current ratio of 2.0. Cash is 20%, accounts receivable is 40%,...

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Accounting

A company has a current ratio of 2.0. Cash is 20%, accounts receivable is 40%, and inventory is 40% of total current assets. What is the acid-test ratio for the company?

  • A.1.2

  • B.2.0

  • C.0.8

  • D.1.6

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