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Nuetrik [128]
3 years ago
12

Purchasing marketable securities with cash will have no effect on a company's acid-test ratio.

Business
1 answer:
slava [35]3 years ago
3 0

Answer:

given statement is true

Explanation:

given statement of purchase marketable security with the cash have not effect on the organization acid test ratio is true because

the cash and marketable security both will be considered for the calculation of acid test ratio and there is not effect

because change by the cash to the marketable securities

so as that given statement is true

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You believe you will spend $47,000 a year for 13 years once you retire in 26 years. If the interest rate is 7% per year, how muc
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Answer:

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Explanation:

Giving the following information:

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