Multiple Select Question

Select all that apply

Which of the following statements are true regarding the acid$-$test ratio? $($Choose every correct answer.$)$

The acid$-$test ratio uses the same denominator as does working capital.

The acid$-$test ratio is sometimes called the quick ratio.

Temporary cash investments are included in the numerator of the acid$-$test ratio.

Accounts payable are included in the numerator of the acid$-$test ratio.

The acid$-$test ratio can be calculated as $($Cash $($including temporary cash investments$)+$ accounts receivable$)$ divided by current liabilities.