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Freiman Corporation's Most Recent Balance Sheet and Income Statement Appear

Question 169

Multiple Choice

Freiman Corporation's most recent balance sheet and income statement appear below: Freiman Corporation's most recent balance sheet and income statement appear below: The acid-test (quick) ratio at the end of Year 2 is closest to: A) 0.96 B) 1.36 C) 1.50 D) 1.93 The acid-test (quick) ratio at the end of Year 2 is closest to:


A) 0.96
B) 1.36
C) 1.50
D) 1.93

Correct Answer:

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