A Quick Ratio That Is About Equal to the Current

question 102

Multiple Choice

A quick ratio that is about equal to the current ratio indicates that

• A)inventories represent a large portion of current assets.
• B)the company has a low inventory turnover.
• C)inventories represent a small portion of current assets.
• D)the company has a high inventory turnover.

---

Definitions:

Clustered Bar Chart

A type of bar graph that displays categorical data with bars grouped together in clusters, typically used for comparison.

Variables

Elements, features, or factors that are likely to change or vary within the context of an experiment, study, or situation.

Titles

The names given to books, works of art, musical compositions, and other creations to identify and often to summarize them.

Captions

Textual descriptions or commentary provided for images, videos, or diagrams to explain or narrate the visual content.