Kevin Jones is a financial analyst who provides consulting services. Kevin considers the acid test ratio to
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Question:
A. The company has consistently paid dividends in the past.
B. The company has high inventories and a low inventory turnover ratio.
C. The company has one of the highest ROI ratios in the industry.
D. The company has a very low acid test ratio
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Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo-Ann L. Johnston, Peter R. Norwood
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