Sanchez Corporation Selected Financial Information 12/31/2024 $ 20,000 100,000 190,000 ME Cash Accounts receivable (net) Inventories...

 

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Sanchez Corporation Selected Financial Information 12/31/2024 $ 20,000 100,000 190,000 ME Cash Accounts receivable (net) Inventories Total current assets Long-term assets Current liabilities Long-term liabilities. Shareholders' equity Net income Interest expense Income tax expense The acid-test ratio for 2024 is: ? 310,000 230,000 200,000 40,000 300,000 $ 40,000 10,000 20,000 12/31/2023 $ 25,000 110,000 155,000 290,000 210,000 190,000 50,000 260,000 Sanchez Corporation Selected Financial Information 12/31/2024 $ 20,000 100,000 190,000 ME Cash Accounts receivable (net) Inventories Total current assets Long-term assets Current liabilities Long-term liabilities. Shareholders' equity Net income Interest expense Income tax expense The acid-test ratio for 2024 is: ? 310,000 230,000 200,000 40,000 300,000 $ 40,000 10,000 20,000 12/31/2023 $ 25,000 110,000 155,000 290,000 210,000 190,000 50,000 260,000

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