A company has assets of $40,000, cash equivalents of $20,000, short-term investments of $4,000, and $20,000...

 

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A company has assets of $40,000, cash equivalents of $20,000, short-term investments of $4,000, and $20,000 in receivables. Its current liabilities are $60,000. What is the company's quick ratio? OA. 1.4 OB. 1.2 OC. 0.8 OD. 0.6 A company has assets of $40,000, cash equivalents of $20,000, short-term investments of $4,000, and $20,000 in receivables. Its current liabilities are $60,000. What is the company's quick ratio? OA. 1.4 OB. 1.2 OC. 0.8 OD. 0.6

Answer rating: 100% (QA)

The quick ratio is a financial metric that measures a companys ability to pay off its current liabil... View the full answer