Question: The ____ ratio, sometimes called the acid test, is a more stringent measure of ____ than the current ratio. a. net profit margin; gross profit

The ____ ratio, sometimes called the "acid test," is a more stringent measure of ____ than the current ratio.

a.

net profit margin; gross profit margin
b.

quick; liquidity
c.

equity, activity
d.

fixed-asset turnover; activity

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