Multiple Choice
Why do banks look at the quick ratio in addition to the current ratio?
A) The quick ratio assets are larger than the current ratio assets.
B) The quick ratio is a better measure of how quickly liabilities are coming due.
C) The quick ratio is easier to calculate.
D) The quick ratio uses only the most liquid assets while the current ratio uses all current assets.
Correct Answer:
Verified
Correct Answer:
Verified
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