Which of the Following Transactions Will Not Affect the Quick

question 50

Multiple Choice

Which of the following transactions will not affect the quick ratio of a company?

• A)Inventory sold on credit
• B)Cash purchase of equipment
• C)Payment for accounts payable
• D)Accounts receivable collected
• E)Bank loan repaid

---

Definitions:

Equation

An assertion in mathematics that two expressions, which may include variables, are equal.

Factoring

The process of breaking down an expression into a product of simpler expressions.

Factoring

The process of breaking down an expression into a product of simpler factors.

Equation

A declaration that confirms two expressions are identical, often including at least one variable.