What Is the Quick Ratio

question 83

Multiple Choice

What is the quick ratio?

• A) 1.5 to 1.
• B) .7 to 1.
• C) .45 to 1.
• D) .8 to 1.

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Definitions:

International Monetary Fund

An international organization established in 1944 to promote global monetary cooperation, secure financial stability, and facilitate international trade.

International Banking Institution

A financial entity operating across national borders, dealing in currency exchange, foreign investment, and international loans.

Government Financing Institution

A state-owned or government-backed entity that provides financial services, including loans and guarantees, to support economic development.

Commercial Letter

a written document used in business transactions, often to communicate formally between companies or organizations.