Question: quick (acid-test) ratio? 17. Quick (Acid-test) Ratio: a) Shows ability to pay all current liabilities if they come due immediately (quickly) b) Narrower base to
quick (acid-test) ratio?
17. Quick (Acid-test) Ratio: a) Shows ability to pay all current liabilities if they come due immediately (quickly) b) Narrower base to measure liquidity than current ratio c) Ratio of 0.90 to 1.00 is acceptable in most industries d) All of the above
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