Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. abc has an acid test ratio of 1.75 to 1 and a curr

abc has an acid test ratio of 1.75 to 1 and a current ratio of...

70.2K

Verified Solution

Question

Accounting

abc has an acid test ratio of 1.75 to 1 and a current ratio of 2.5 to 1. Current assets equal to 220000. ABC company inventory must be

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A)   When 155 mL of water at 26 degrees Celsius is mixed with 25 mL of...

Chemistry
Q

Why don't we just use a detergent to lyse the RBCs?

Medical Sciences
Q

write a summary report regarding E-waste regarding pollutants and the sustainability o 3 bottom lines(economy, society, environment).

Civil Engineering
Q

Would you argue that we as a country should continue to authorize the construction and operation...

Psychology
Q

Short Answer each of the following in a sentence or brief paragraph 8 In pea...

Biology
Q

Two parallel long resistance less rails are joined at ends by a resistance R A...

Physics
Q

Two small bodies of masses 1 kg and 4 kg are at rest on a...

Physics
Q

Q2. Best Ltd Purchased New Machinery with a recommended retail price of $ 6,00,000 on...

Accounting
Q

Assemblers uses normal job-order costing to assign costs to products. The company assembles and packages...

Accounting
Q

Question 7 Stuart buys a one-year 90-strike European put with a premium of $12.55. The...

Finance
Q

An asset has a first cost of $45,000, a recovery period of 5 years, and...

Accounting
Q

Japanese companies are companies that apply Material Flow of Cost Accounting (MFCA) and this cost...

Accounting