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  • 21-01-2024
  • Business
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Romeo's auto group has a ratio of 2.65. The acid test ratio is 2.01. The current liabilities of the company are $45,000. Assuming there are no prepaid expenses, the dollar amount of the merchandise inventory is:
a) $28,008
b) $28,800
c) $90,450
d) $90,540

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