Question: What does it mean if a company has a quick ratio of 1.75? a.) The company likely has enough resources, even when excluding inventory, to
What does it mean if a company has a quick ratio of 1.75?
- a.) The company likely has enough resources, even when excluding inventory, to pay its debts over the next 12 months.
- b.) The company likely does not have enough resources to pay its debts over the next 12 months.
- c.) The company likely has enough resources to pay its debts over the next 12 months, although this may not be true if inventory is excluded.
- d.) The company likely does not have enough resources to pay its debts over the next 12 months unless inventory is excluded
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