Answer: 0.48
Explanation:
The acid test ratio will be calculated as:
Cash = $100,000
Add: Short term investments = $17,000
Add: Net Current Receivables = $250,000
Total Assets = $367,000
/ Total Current Liabilities = $760,000
Acid Test Ratio will now be:
= Total Assets / Total Liabilities
= $367000/$760000.
= 0.48
Therefore, the acid test ratio is 0.48.
Answer:
whats the problem/question?
I think option b. integer data type is the suitable answer.
I'm sorry i have to go to sleep.. Can we continue tm?
In the morning
