Answer the following statements true (T) or false (F)
1. The formula for the quick ratio is quick assets divided by non-current assets.
2. Accounts Receivable turnover measures the ability to collect cash from a company's credit customers.
3. The account receivable turnover is computed by taking the average net Accounts Receivable and dividing it by the net credit sales.
4. The receivables collection period measures the ability to collect cash from customers who buy on credit.
5. Quick assets include cash, Accounts Receivable, and prepaid expenses.
1. FALSE
2. TRUE
3. FALSE
4. FALSE
5. FALSE
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A) Differentiation B) Marketing management C) Positioning D) Segmentation E) Value engineering
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Indicate whether the statement is true or false