The Quick Ratio Is Calculated as

question 29

Multiple Choice

The quick ratio is calculated as

• A)current assets divided by current liabilities.
• B)current assets minus inventory,divided by current liabilities.
• C)net working capital divided by current liabilities.
• D)cash on hand divided by current liabilities.
• E)current liabilities divided by current assets.

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Definitions:

Economic Policies

Strategies and actions that governments or economic organizations employ to influence the economy of a city, region, or country.

Fluctuated

To vary irregularly; to rise and fall unpredictably or to go through a series of changes in level, intensity, or value.

Sharecropping

A system of agriculture in which a landowner allows a tenant to use the land in return for a share of the crops produced on their portion of land.

Gang Labor

A system of labor, often used on plantations, where enslaved people were grouped into units or gangs for work, typically in agriculture.