Algonquin Corporation reported the following items at December 31,2021, and 2020: (Click the...
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Algonquin Corporation reported the following items at December and :
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Requirement Compute the company's a quick acidtest ratio and b days' sales outstanding for Evaluate each ratio value as strong or weak. All sales are on account with terms of net days.
a Enter the formula and calculate the quick acidtest ratio for Abbreviation used: Cash Cash and cash equivalents. Round your final answer to two decimal places.
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