Question: Using the information provided extract the necessary information and compute the Quick Acid Test Ratio. Current Assets $50, 000 Current Asset $25, 000 Inventory $

Using the information provided extract the necessary information and compute the Quick Acid Test Ratio. Current Assets $50, 000 Current Asset $25, 000 Inventory $ 5,000 Accounts Receivable $ 7,000 Notes Payable $8,000

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