Asked by
Christ Centred Church Tongan AOG Christchurch
on Nov 13, 2024
Verified
Which of the following is the most desirable quick ratio?
A) 1.20
B) 1.00
C) 0.95
D) 0.50
Quick Ratio
A liquidity metric that measures a company's ability to cover its short-term obligations with its most liquid assets, excluding inventory.
- Acquire knowledge and mathematical proficiency in determining the quick ratio, assessing a company's potential to settle short-term dues without inventory liquidation.
Verified Answer
PM
Learning Objectives
- Acquire knowledge and mathematical proficiency in determining the quick ratio, assessing a company's potential to settle short-term dues without inventory liquidation.
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