Quick assets, as usually defined, include:
A)cash and accounts receivable only.
B)cash only.
C)cash, accounts receivable, short-term investments in marketable securities, only.
D)cash, accounts receivable, short-term investments in marketable securities, and inventories.
E)None of these choices are correct.

Question

Quizplus · Accepted Answer

Quick assets typically include cash, accounts receivable, and short-term investments in marketable securities, but not inventories, as they are not as easily converted into cash without potentially losing value.

Quick Assets, as Usually Defined, Include