Presented below is information available for Sheridan Company.
Current Assets
Cash $38...
Business, 11.11.2020 18:10 skylastrusz7643
Presented below is information available for Sheridan Company.
Current Assets
Cash $3800
Short-term investments 50200
Accounts receivable 56000
Inventory 88000
Prepaid expenses 31000
Total current assets $229000
Total current liabilities are $50000. The acid-test ratio for Sheridan is:
Answers: 1
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