Question: 15 What is the acid - test ratio for a merchant with the following account balances? (Round your answer to two decimal places.) Cash Short

15 What is the acid - test ratio for a merchant with 15

What is the acid - test ratio for a merchant with the following account balances? (Round your answer to two decimal places.) Cash Short - term investments Net current receivables Merchandise inventory Total current liabilities $21,000 43.000 54.000 276.000 0.60 0.76 0.82 . 0.43

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