Fill in the Blank Question The formula for the acid-test ratio is computed as...
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Accounting
Fill in the Blank Question The formula for the acidtest ratio is computed as cash equivalents shortterm investments current receivablescurrent liabilities. They are more liquid than others in their industry. They don't have sufficient liquid assets to pay off shortterm debt if needed. They are less liquid than others in their industry They have sufficient quick assets to pay off shortterm debt if needed.
Fill in the Blank Question
The formula for the acidtest ratio is computed as
cash equivalents shortterm investments current receivablescurrent liabilities.
They are more liquid than others in their industry.
They don't have sufficient liquid assets to pay off shortterm debt if needed.
They are less liquid than others in their industry
They have sufficient quick assets to pay off shortterm debt if needed.
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