Quick assets divided by current liabilities is the:

A. Quick asset turnover ratio.
B. Working capital ratio.
C. Current ratio.
D. Acid-test ratio.
E. Current liability turnover ratio.


Answer: D

Business

You might also like to view...

Which of the following can a customer use to contact an organization?

A. Email B. Telephone C. Web access D. All of these

Business

The purpose of Form 940 is to report the tax liability for withholdings of employees' federal income tax and FICA taxes, and also the employer's share of FICA taxes

Indicate whether the statement is true or false

Business

________ is the difference between the prospective customer's evaluation of all the benefits and all the costs of an offering and the perceived alternatives

A) Perceived usefulness B) Failure avoidance rate C) Total customer benefit D) Customer-perceived value E) Competitors' market share rate

Business

The highest value of total cost was $800,000 in June for Horchata Beverages, Inc. Its lowest value of total cost was $510,000 in December. The company makes a single product. The production volume in June and December were 13,000 and 8000 units, respectively. What is the fixed cost per month? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

A) $510,000 B) $290,000 C) $46,000 D) $8000

Business