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

Question

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

Quizplus · Accepted Answer

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

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