Which of the Following Statement Is Correct Regarding the Quick

question 123

Multiple Choice

Which of the following statement is correct regarding the quick ratio?

• A)The numerator for the quick ratio is current assets.
• B)The quick ratio is a less conservative variation of the current ratio.
• C)The quick ratio is also called the working capital ratio.
• D)The numerator for the quick ratio is current assets minus inventory minus prepaid expenses.

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Definitions:

Personal ties

Relationships between individuals that are based on emotional bonds, shared experiences, or mutual interests.

Divorce

The legal dissolution of a marriage by a court or other competent body, officially ending the relationship.

Divorce rates

The statistical measure of the number of divorces occurring within a defined population during a given time period.

Stepchildren

Children of one's spouse from a previous relationship.