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Question: Use the following information on current assets and current liabilities to compute and interpret the acidtest ratio. Explain what the acid-test ratio of a company measures.
Cash . . . . . . . . . . . . . . . . . . . . $1,200
Prepaid expenses . . . . . . . . . . . . . $ 600
Accounts receivable . . . . . . . . 2,700
Accounts payable . . . . . . . . . . . . . 4,750
Inventory . . . . . . . . . . . . . . . . . 5,000
Other current liabilities . . . . . . . . 950
acme transportation company has the following ratios compared to its industry for 2009. acme transportation industry
Analyze the attached projected cash flow for FY 2016.- And answer the Question.- what does this tell about the organization.
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