question archive Data from Fontecchio Corporation's most recent balance sheet appear below: Cash $42,000 Marketable securities $44,000 Accounts receivable $6,160 Short-term notes receivable $0 Inventory $80,000 Prepaid expenses $37,000 Current liabilities $288,000 The corporation's acid-test ratio is closest to:
Data from Fontecchio Corporation's most recent balance sheet appear below: Cash $42,000 Marketable securities $44,000 Accounts receivable $6,160 Short-term notes receivable $0 Inventory $80,000 Prepaid expenses $37,000 Current liabilities $288,000 The corporation's acid-test ratio is closest to:
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| Data from Fontecchio Corporation's most recent balance sheet appear below: |
| Cash | $42,000 |
| Marketable securities | $44,000 |
| Accounts receivable | $6,160 |
| Short-term notes receivable | $0 |
| Inventory | $80,000 |
| Prepaid expenses | $37,000 |
| Current liabilities | $288,000 |
| The corporation's acid-test ratio is closest to: |
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