Discussion :: Engineering Economy - Section 1 (Q.No.2)
The ratio obtained by dividing 'quick assests' by current liabilities is called
Answer: Option B
No answer description available for this question.
|Rameshwar said: (Sep 28, 2018)|
|The quick ratio is calculated by adding cash, cash equivalents, short-term investments, and current receivables together then dividing them by current liabilities. Sometimes company financial statements don't give a breakdown of quick assets on the balance sheet.|
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