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Business, 01.07.2021 23:30 jones03riley
Using the following year-end information for WorkFit calculate the acid-test ratio:
Cash 58110
Short-term investments 14000
Accounts receivable 58000
Inventory 270000
Supplies 5600
Accounts payable 108000
Wages payable 31,900
a. 0.77
b. 0.42
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Using the following year-end information for WorkFit calculate the acid-test ratio:
Cash 58110
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