The quick ratio improves upon the current ratio by

A) using more up-to-date information.
B) simplifying the calculation.
C) subtracting intangible assets like goodwill.
D) recognizing that inventory is the current asset that is easiest to value.
E) recognizing that inventory is the least liquid current asset.


E

Business

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A. It pays about 50 to 70 percent of the employee's salary in case of disability. B. It benefits the disabled employee only for the first year of disability. C. Payments under short-term plans are less than that of long-term plans. D. Most employers offer long-term disability plans. E. It offers coverage when the employee's dependent is disabled.

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Indicate whether the statement is true or false

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a. True b. False Indicate whether the statement is true or false

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