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The Current Ratio and Quick Ratio Are Example of This

question 19

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The current ratio and quick ratio are example of this type of ratio.


Definitions:

Quantity

The quantity of a substance or abstract item that does not need a measurement unit to be quantified.

Quality

An attribute or characteristic that determines the degree of excellence or superiority of something.

Quantity

A property that describes the numerical extent or amount of something.

Quality

Evaluating the caliber of an object by comparing it to its counterparts; the highness of its excellence.

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