Examlex
________ is used to measure how much a change in one variable is associated with a given change in another variable, while ________ is used to measure the strength of association between two traits.
Quick Ratio
A liquidity measure that indicates a company's ability to pay its current liabilities without needing to sell inventory, calculated as (current assets - inventory) / current liabilities.
Liquidity Measures
Financial metrics used to determine how quickly a company can turn its assets into cash to meet short-term obligations. Common measures include current ratio and quick ratio.
Current Ratio
The Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.
Quick Ratio
A liquidity measure that indicates a company's ability to cover its short-term liabilities with its most liquid assets.
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