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  • Acid test ratio should normally be:
Multiple choice

Acid test ratio should normally be:

  1. 1:1

  2. 1:2

  3. 2:1

  4. 2:3

  5. None of thse

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It shows that the firm has enough short term assets are there to cover its liabilities

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