The numerator of the acid-test ratio consists of
a. total current assets.
b. cash inventory and marketable securities.
c. cash inventory and net receivables.
d. cash, marketable securities, and net receivables.
Answer: D
The numerator of the acid-test ratio consists of
a. total current assets.
b. cash inventory and marketable securities.
c. cash inventory and net receivables.
d. cash, marketable securities, and net receivables.
Answer: D