Explain why the quick ratio or acid-test ratio is a better measure of a firms liquidity than

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Explain why the quick ratio or acid-test ratio is a better measure of a firm’s liquidity than the current ratio.

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 12:17 AM

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Explain why the quick ratio or acid-test ratio is a better measure of a firms liquidity than

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Fundamentals of corporate finance

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