Question: uestion 4 The acid-test ratio differs from the current ratio as in that: a. Liabilities are divided by current assets The acid-test ratio excludes short-term

uestion 4 The acid-test ratio differs from the current ratio as

uestion 4 The acid-test ratio differs from the current ratio as in that: a. Liabilities are divided by current assets The acid-test ratio excludes short-term investments from the calculation Ob. The acid-test ratio measures profitability and the current ratio does not OC. Prepaid expenses and inventory are excluded from the calculation of the acid-test ratio

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