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How many of the following assets are considered liquid assets for calculating th

ID: 2373040 • Letter: H

Question

How many of the following assets are considered liquid assets for calculating the acid-test ratio?
             Accounts receivable                Cash
             Prepaid Insurance                   Supplies
             Short term investments           Building
a.1
b.2
c.3
d.4
e.5 How many of the following assets are considered liquid assets for calculating the acid-test ratio?
             Accounts receivable                Cash
             Prepaid Insurance                   Supplies
             Short term investments           Building
a.1
b.2
c.3
d.4
e.5

Explanation / Answer

Answer question

D is correct