Selected information from the 2011 and 2010 financial statements of SCL Corporation is presented below:

Refer to the SCL Corporation information above. SCL's quick (acid test) ratio as December 31, 2011, is
A) 1.44 to 1.
B) 1.50 to 1.
C) 1.67 to 1.
D) 1.66 to 1.

Question

Selected information from the 2011 and 2010 financial statements of SCL Corporation is presented below:

Refer to the SCL Corporation information above. SCL's quick (acid test) ratio as December 31, 2011, is
A) 1.44 to 1. 
B) 1.50 to 1. 
C) 1.67 to 1. 
D) 1.66 to 1.

Quizplus · Accepted Answer

The Answer of Selected information from the 2011 and 2010 financial statements of SCL Corporation is presented below:

Refer to the SCL Corporation information above. SCL's quick (acid test) ratio as December 31, 2011, is
A) 1.44 to 1. 
B) 1.50 to 1. 
C) 1.67 to 1. 
D) 1.66 to 1.

Selected Information from the 2011 and 2010 Financial Statements of SCL