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8 March, 13:17

Purchasing marketable securities with cash will have no effect on a company's acid-test ratio.

True or False?

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Answers (1)
  1. 8 March, 14:12
    0
    given statement is true

    Explanation:

    given statement of purchase marketable security with the cash have not effect on the organization acid test ratio is true because

    the cash and marketable security both will be considered for the calculation of acid test ratio and there is not effect

    because change by the cash to the marketable securities

    so as that given statement is true
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