Quick Assets Divided by Current Liabilities Is The

question 233

Multiple Choice

Quick assets divided by current liabilities is the:

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

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Definitions:

Fourteenth Amendment

An amendment to the U.S. Constitution, ratified in 1868, granting citizenship to all persons born or naturalized in the United States, including former slaves, and guaranteeing all citizens equal protection of the laws.

Bill of Rights

The first ten amendments to the U.S. Constitution, guaranteeing fundamental civil rights and liberties.

Alexander Hamilton

A Founding Father of the United States, the first Secretary of the Treasury, and a key figure in the drafting of the Constitution and the establishment of the national financial system.

Bill of Rights

The first ten amendments to the United States Constitution, ratified in 1791, guaranteeing such rights as the freedoms of speech, assembly, and worship.