The acid-test ratio of a firm would be unaffected by which of the following?
A) Several short-term loans are consolidated and paid off using long-term debt.
B) Equipment is purchased, financed by a long-term debt issue.
C) Additional inventory is purchased for cash.
D) Large accounts receivable balances are collected.

Question

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The Answer of The acid-test ratio of a firm would be unaffected by which of the following?
A) Several short-term loans are consolidated and paid off using long-term debt.
B) Equipment is purchased, financed by a long-term debt issue.
C) Additional inventory is purchased for cash.
D) Large accounts receivable balances are collected.

The Acid-Test Ratio of a Firm Would Be Unaffected by Which