Which of the following is included in the calculation of the current ratio, but not the quick ratio?
A)Inventory
B)Cash
C)Accounts receivable
D)Marketable securities

Question

Quizplus · Accepted Answer

The current ratio includes inventory in its calculation, whereas the quick ratio does not include inventory. The quick ratio only includes assets that can be quickly turned into cash, such as cash, accounts receivable, and marketable securities.

Which of the Following Is Included in the Calculation of the Current