Which of the following accounts would not be considered when calculating the quick ratio?
A) Taxes payable
B) Accounts receivable
C) Cash
D) Prepaid rent
Correct Answer:
Verified
Q24: Working capital decreases when a company pays
Q25: Working capital decreases when accrued wages expense
Q30: At year-end 2010,General Tech reported a quick
Q32: Which of the following statements is correct?
A)Current
Q33: How is the quick ratio calculated?
A)It is
Q34: A contingent liability can't be disclosed in
Q35: An annuity is a series of consecutive
Q38: Working capital is a measure of short-run
Q38: Which of the following is incorrect?
A)Current liabilities
Q40: For the present value of a single
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