Under the UPA, partners have joint and several liability for torts

What is the acid-test ratio for a merchant with the following account balances?

(Round your answer to two decimal places.) Cash $22,000 Short-term investments 41,000 Net current receivables 50,000 Merchandise inventory 93,000 Total current liabilities 275,000 A) 0.75 B) 0.41 C) 0.60 D) 0.81

When making a claim or requesting an adjustment, your close should

A) clearly state how angry and disappointed you are. B) explain the specific details of the problem. C) request the specific action required to resolve the problem. D) explain that you are planning to seek legal counsel. E) suggest that you will probably take your business elsewhere.