Excerpts from Sydner Corporation’s most recent balance sheet appear below: Sales on account in Y…

Excerpts from Sydner Corporation’s most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,740 and the cost of goods sold was $1,110. The acid-test ratio at the end of Year 2 is closest to: 1.75 1.03 0.98 1.39

 

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