The acid-test ratio is:
A) The liquidity ratio divided by the equity ratio.
B) Current assets minus inventory divided by current liabilities minus accounts payable.
C) Cash,net receivables,and current investments divided by current liabilities.
D) Cash divided by accounts payable.
Correct Answer:
Verified
Q19: Which of the following is an example
Q20: Horizontal analysis examines trends in a company:
A)Over
Q21: Assume a company's current ratio and acid-test
Q22: Stealth Company's 2013 average days in inventory
Q23: The debt to equity ratio is:
A)0.33.
B)0.77.
C)1.17.
D)1.30.
Q25: Assuming a current ratio of 1.0 and
Q26: The acid-test ratio is:
A)0.25.
B)0.88.
C)1.17.
D)1.58.
Q27: Stealth Company's 2013 debt to equity ratio
Q28: HHF's debt to equity ratio is:
A)0.75.
B)1.13.
C)0.38.
D)1.80.
Q29: Stealth Company's 2013 receivables turnover ratio is:
A)2.85.
B)4.70.
C)5.00.
D)10.63.
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