Solved

Creditors Would Prefer 1. a Quick Ratio of 1.2 to a Quick Ratio

Question 5

Multiple Choice

Creditors would prefer
1. a quick ratio of 1.2 to a quick ratio of 0.8
2. a quick ratio of 0.8 to a quick ratio of 1.2
3. days sales outstanding of 46 to a days sales outstanding of 35
4. days sales outstanding of 35 to a days sales outstanding of 46


A) 1 and 3
B) 1 and 4
C) 2 and 3
D) 2 and 4

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions