Question: The quick ratio is calculated as Multiple Choice current liabilities divided by current assets. cash on hand divided by current liabilities. current assets minus inventory,

The quick ratio is calculated as

Multiple Choice

  • current liabilities divided by current assets.

  • cash on hand divided by current liabilities.

  • current assets minus inventory, divided by current liabilities.

  • current assets divided by current liabilities.

  • net working capital divided by current liabilities.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!