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Business, 21.12.2020 17:50 makaylahunt

Data from Fontecchio Corporation's most recent balance sheet appear below: Cash $ 37,000
Marketable securities $ 39,000
Accounts receivable $ 97,600
Inventory $ 77,000
Prepaid expenses $ 32,000
Current liabilities $ 248,000
The corporation's acid-test ratio is closest to:
a. 0.56
b. 0.37
c. 0.19
d. 0.35

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Data from Fontecchio Corporation's most recent balance sheet appear below: Cash $ 37,000
Mar...
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