The formula to calculate quick ratio is:
A) (long-term assets-long-term liabilities)/inventory
B) (short-term assets-long-term liabilities)/inventory
C) (long-term assets-short-term liabilities)/inventory
D) (short-term assets-inventory)/long-term liabilities
E) (short-term assets-inventory)/short-term liabilities

Question

Quizplus · Accepted Answer

The quick ratio,sometimes called the acid-test ratio,is short-term assets less inventory divided by short-term liabilities.

The Formula to Calculate Quick Ratio Is