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Information from LMN's Balance Sheet at December 31, 2014, Is

Question 7

Multiple Choice

Information from LMN's balance sheet at December 31, 2014, is as follows in millions: Current assets: Information from LMN's balance sheet at December 31, 2014, is as follows in millions: Current assets:   Current liabilities:   What is the quick (acid-test) ratio? A) $968/$1,044 B) $448/$204 C) $440/$324 D) $440/$204 E) None of these choices are correct Current liabilities: Information from LMN's balance sheet at December 31, 2014, is as follows in millions: Current assets:   Current liabilities:   What is the quick (acid-test) ratio? A) $968/$1,044 B) $448/$204 C) $440/$324 D) $440/$204 E) None of these choices are correct What is the quick (acid-test) ratio?


A) $968/$1,044
B) $448/$204
C) $440/$324
D) $440/$204
E) None of these choices are correct

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