Question: Calculate the quick ratio or acid test ratio based on the information below: Total current assets 120 Total current liabilities 80 Inventory 55 Accounts receivable

Calculate the quick ratio or acid test ratio based on the information below: Total current assets 120 Total current liabilities 80 Inventory 55 Accounts receivable 35 Cash 30 Long-term debt 1001 1.36 0.71 0.81 1.71 Which of the following best describes the top-down analysis to forecast revenue? Review Later Start with total addressable market and forecast the revenue based on market share and segments Start with most basic drives of the business and build the analysis to revenue (e.g. the number of units that are sold multiplied by the price) Use the historical figures to forecast the future years and calculate the year-over-year revenue Analyze the relationship between revenue and other factors of the business and use the trend to forecast revenue
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