Quick Assets Divided by Current Liabilities Is The

question 102

Multiple Choice

Quick assets divided by current liabilities is the:

• A) Acid-test ratio.
• B) Current ratio.
• C) Working capital ratio.
• D) Current liability turnover ratio.
• E) Quick asset turnover ratio.

---

Definitions:

Ethical Competition

The practice of competing fairly and ethically within a market, adhering to moral standards and avoiding practices that harm consumers or competitors.

Physical Contact

The act of touching or being in direct contact with someone or something.

Assaulted

Being subjected to a sudden, violent attack or an attempt to cause physical harm to another person.

Defamation

The act of communicating false statements about a person, resulting in damage to that person's reputation or standing.