Question: Which is not true about quick ratio? A A higher quick ratio is better for the health of a company B A high quick ratio

Which is not true about quick ratio?

A

A higher quick ratio is better for the health of a company

B

A high quick ratio puts a financial institution in a decent position to cover its current liabilities

C

It is a type of liquidity ratio

D

It measures a financial institution's long-term liquidity position

E

It measures a financial institution's ability to meet its obligations with its most liquid assets

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