Blushing Co. had Total Assets of $105,000, which included Cash of $30,000, Accounts Receivable of $15,000 Merchandise Inventory of $60,000. Blushing also had Total Liabilities of $95,000, which included Current Liabilities of $60,000. Blushing's acid-test ratio equals:
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Blushing Co. had Total Assets of $105,000, which included Cash of $30,000, Accounts Receivable of $1...
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