Please refer to Table 4-2 for the following questions.
Table 4-2
Drummond Company
Balance Sheet

-Based on the information in Table 4-2,the acid-test ratio is
A) 1.17.
B) 1.33.
C) 1.39.
D) 2.15.

Question

Please refer to Table 4-2 for the following questions.
Table 4-2
Drummond Company
Balance Sheet
 
-Based on the information in Table 4-2,the acid-test ratio is
A) 1.17. 
B) 1.33. 
C) 1.39. 
D) 2.15.

Quizplus · Accepted Answer

The Answer of Please refer to Table 4-2 for the following questions.
Table 4-2
Drummond Company
Balance Sheet
 
-Based on the information in Table 4-2,the acid-test ratio is
A) 1.17. 
B) 1.33. 
C) 1.39. 
D) 2.15.

Please Refer to Table 4-2 for the Following Questions