hoe Ltd. has the following selected financial information at September 30, 2024 Cash $4290, Accounts Receivable $1300 Unearned Revenue $3980, curent assets of $40000, and current abilities of $43000 The company's acid-test ratio would be 0 0.801 0 0.931 O 0131 O 1401
hoe Ltd. has the following selected financial information at September 30, 2024 Cash $4290, Accounts Receivable $1300 Unearned Revenue $3980, curent assets of $40000, and current abilities of $43000 The company's acid-test ratio would be 0 0.801 0 0.931 O 0131 O 1401
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Ivanhoe Ltd. has the following selected financial information at September 30, 2024: Cash $4290, Accounts Receivable $1300
Unearned Revenue $3980, current assets of $40000, and current abilities of $43000. The company's acid-test ratio would be
Ⓒ 0.80:1
0 0.931
00131
O 1401](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F038d1d03-4e9d-45b0-9e13-f5f15dc03284%2Fefa4de44-fa11-474a-9eda-13bb03c1416e%2Fls3msij_processed.png&w=3840&q=75)
Transcribed Image Text:Ivanhoe Ltd. has the following selected financial information at September 30, 2024: Cash $4290, Accounts Receivable $1300
Unearned Revenue $3980, current assets of $40000, and current abilities of $43000. The company's acid-test ratio would be
Ⓒ 0.80:1
0 0.931
00131
O 1401
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