Multiple Choice
Which of the following is correct regarding the quick ratio?
A) The lower the quick ratio, the easier it is for the company to pay their current liabilities.
B) Traditionally, most companies want a quick ratio of at least 2.0 to be safe.
C) A quick ratio can never be too high.
D) An acceptable quick ration depends on the industry the company is in.
Correct Answer:
Verified
Correct Answer:
Verified
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