Which asset is counted in determining a retailer's quick ratio?
A)hidden assets
B)merchandise inventories
C)marketable securities
D)accounts receivable

Name: Which asset is counted in determining a retailer's quick ratio? A)hidden assets B)merchandise inventories C)marketable securities D)accounts receivable
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Question

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Accounts receivable is counted in determining a retailer's quick ratio because it is a liquid asset that can be quickly converted into cash.

Which Asset Is Counted in Determining a Retailer's Quick Ratio