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At t the end of the year, Chandier ine, has cash of $25,000, current accounts...

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Accounting

At t the end of the year, Chandier ine, has cash of $25,000, current accounts receivable of $55,000, merchandise inventory of $40,000, and prepaid expenses totaling $10,000.Liabilities of $45,000 must be paid next year and other liabilities of $25,000 over the course of 15 years. What is the acid-test (or quick) ratio?A,1.09B.1.81C.1.78D.1.18

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