Question: Multiple Select Question Select all that apply Which of the following statements are true regarding the acid - test ratio? ( Choose every correct answer.

Multiple Select Question
Select all that apply
Which of the following statements are true regarding the acid-test ratio? (Choose every correct answer.)
The acid-test ratio uses the same denominator as does the current ratio.
The acid-test ratio can be calculated as current assets minus merchandise inventory minus current liabilities.
The acid-test ratio is a more conservative measure of liquidity than the current ratio.
The acid-test ratio excludes merchandise inventory from the numerator.
Multiple Select Question Select all that apply Which of the following

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