KLM Corporation's quick assets are $5,888,000, its current assets are $11,700,000 and its current liabilities are $8,000,000. Its acid-test ratio equals:
A) 1.50.
B) 0.74.
C) 0.50.
D) 0.68.
E) 2.20.

Question

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The Answer of KLM Corporation's quick assets are $5,888,000, its current assets are $11,700,000 and its current liabilities are $8,000,000. Its acid-test ratio equals:
A) 1.50.
B) 0.74.
C) 0.50.
D) 0.68.
E) 2.20.

KLM Corporation's Quick Assets Are $5,888,000, Its Current Assets Are