Matching
For each item identify the best description You may use each choice more than once or not at all.
Premises:
Current liabilities
Current assets
Quick ratio
Working capital
Current ratio
Responses:
Intention is to convert into cash within one year
Current assets/current liabilities
Current assets – current liabilities
Must pay within one year
(Cash + marketable securities + accounts receivable) divided by current liabilities
Correct Answer:
Premises:
Responses:
Current liabilities
Current assets
Quick ratio
Working capital
Current ratio
Premises:
Current liabilities
Current assets
Quick ratio
Working capital
Current ratio
Responses:
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