What is the difference between the current ratio and the quick ratio?

What will be an ideal response?


Both the current and the quick ratios are measures of liquidity. The quick ratio excludes inventory, which is included in the quick ratio.

Trades & Technology

You might also like to view...

The text authors conclude that Franklin Roosevelt "was in fact Hamiltonian in his espousal of big government, but Jeffersonian in his concern for the 'forgotten man.' " How did the New Deal specifically reflect this combination of "Hamiltonian means" to achieve "Jeffersonian ends"? What were the successes and failures of this approach?

What will be an ideal response?

Trades & Technology

Incorrect or unequal U-joint working angles are most likely to be caused by ________

A) A collapsed engine or transmission mount B) A dry output shaft spline C) Defective or damaged U-joints D) A bent drive shaft

Trades & Technology

Technician A says vacuum bleeding can be done by a single technician. Technician B says vacuum bleeding may draw air into the system past the bleeder valve. Which technician is correct?

A) Technician A only B) Technician B only C) Both technicians D) Neither technician

Trades & Technology

The third color band represents:

A) The multiplier for the resistor value. B) The resistor tolerance. C) The color frequencies of the waveform. D) The first two digits of the resistor value.

Trades & Technology