The accounts and balances shown below were taken from Unique Low Company’s accounting records on December 31, 2021: Cash

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answerhappygod
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The accounts and balances shown below were taken from Unique Low Company’s accounting records on December 31, 2021: Cash

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The accounts and balances shown below were taken from Unique LowCompany’s accounting records on December 31, 2021:
Cash
Php250,000
Marketable securities
100,000
Accounts receivable (net)
165,000
Inventory
180,000
Accounts Payable
220,000
Using the same information on number (31), determine theacid-test/quick ratio. Round to two decimal places.
Group of answer choices
None of the above
1.52
1.55
3.26
2.34
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