When Calculating the Denominator for the Quick Ratio,you Would NOT

question 107

Multiple Choice

When calculating the denominator for the quick ratio,you would NOT include:

• A)accounts payable.
• B)long-term debt.
• C)salaries payable.
• D)current maturities of long-term debt.

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Definitions:

Lethargic

A state of sluggishness, fatigue, or lack of energy, often a symptom of various medical conditions or psychological issues.

Major Depressive Disorder

A mental disorder characterized by a pervasive and persistent low mood accompanied by low self-esteem, and by a lack of interest or pleasure in normally enjoyable activities.

DSM-5

Stands for Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, which is a comprehensive classification and diagnostic guide used by mental health professionals.

Symptoms

Observable signs or indicators of a disease or condition experienced by an individual.