What could cause a companys current ratio to be high but its acid-test ratio to be low?

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What could cause a company’s current ratio to be high but its acid-test ratio to be low?

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Managerial Accounting

ISBN: 9781119577669

4th Edition

Authors: Charles E. Davis, Elizabeth Davis

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Question Posted: May 17, 2021 09:19 AM

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What could cause a companys current ratio to be high but its acid-test ratio to be low?

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If the company has a disproportio...View the full answer

Managerial Accounting

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