Multiple Choice
Which of the following accounts would not be considered when calculating the quick ratio?
A) Taxes payable
B) Accounts receivable
C) Cash
D) Prepaid rent
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: A current liability is created when a
Q55: Purdum Farms borrowed $10 million by signing
Q59: On September 1,2010,Donna Equipment signed a one-year,8%
Q60: If income tax expense reported on the
Q61: Rachel Corporation purchased a building by paying
Q62: Many strong companies intentionally create low quick
Q82: Why are present value concepts and applications
Q92: Which of the following is not a
Q99: Long-term liabilities are reported on the balance
Q106: Working capital decreases when accrued wages expense