Question: The quick ratio is computed as: a.quick assets divided by noncurrent liabilities. b.quick assets divided by current assets. c.current assets divided by noncurrent liabilities. d.quick

The quick ratio is computed as:

a.quick assets divided by noncurrent liabilities.

b.quick assets divided by current assets.

c.current assets divided by noncurrent liabilities.

d.quick assets 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 Accounting Questions!

Q:

The quick ratio is computed as _____. a.current assets divided by stockholders' equity b.current liabilities divided by current assets c.quick assets divided by current liabilities d.quick assets...

Q:

The quick ratio is computed as quick assets divided by current assets current assets divided by stockholders' equity current liabilities divided by current assets quick assets divided by current...

Q:

The quick ratio equals: Multiple Choice current assets divided by current liabilities. cash on hand plus current liabilities, divided by current assets. current liabilities divided by current assets,...

Q:

Which one of the following does not impact retained earnings directly? Dividends Net income Net loss Stock issuances A company reported total stockholders' equity of $145,000 on its Dec 31, 2012,...

Q:

Question 3 1 pts Quick ratio is defined as current assets divided by current liabilities current assets divided by total debt current assets less inventory, divided by total liabilities current...

Q:

10.1 1.The ratios that measure a company's ability to pay off short-term debt are known as: A.Liquidity Ratios. B.Debt Management Ratios. C.Profitability Ratios. D.None of the above 2. The ratios...

Q:

Click to watch the Tell Me More Learning Objective ADM video and then answer the questions below. divided by 1. The quick ratio is computed as a. assets; quick liabilities b. quick assets; quick...

Q:

A 3 C D E F H K M 5 5 2 Income Statement for year 2011 Vertical 2010 230,000 100.0% 200,000 Vertical Net Sales Revenue (all Credit Sales 100.0% Cost of Goods Sold 165,000 71.7% 150,000 75.0% Gross...

Q:

Which of the following statements is TRUE? a. The cash coverage ratio equals cash divided by current liabilities. b. The quick ratio equals current assets - current liabilities divided by current...

Q:

Which of the following statements is TRUE? The quick ratio equals current assets - current liabilities divided by current liabilities. The cash coverage ratio equals cash divided by current...

Q:

The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico whose purpose is to eliminate tariffs between the countries and promote all aspects...

Q:

The Consumer Credit Counseling Service suggests that the monthly food budget be between 15-30% of income. a. What is Laura's total monthly food bill including dining out? b. What percent of her...

Q:

Question 7 0 2 pts What does the VIX Index measure and why do some equity investors pay attention to the absolute level of the Index? 3 0 - day expected volatility in the U . S . stock market; > 2 5...

Q:

Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for Christmas and everyone else Christmas cards. Hugo is willing to pay up...