Acid-test ratio equals, KLM Corporation’s quick assets are

Acid-test ratio equals

Assignment Help Financial Accounting

Reference no: EM131284757

KLM Corporation’s quick assets are $6,158,000, its current assets are $13,650,000 and its current liabilities are $8,170,000. Its acid-test ratio equals:

a. 0.75

b. 0.60

c. 0.45

d. 1.33

e. 2.42

Reference no: EM131284757

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