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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
An acid test (quick ratio) of 0.75 would indicate:
A) a ratio that would allow a company to pay off current liabilities with quick assets.
B) that for every $1 of quick assets, there are $0.75 in liabilities.
C) that for every $1 of liabilities, there are $0.75 in quick assets.
D) a ratio that would allow a company to pay off current liabilities with current assets.
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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7 years ago
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Massachusetts Institute of Technology
-- Accounting

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6 years ago
Thank you
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