The ratio of the quick assets to current liabilities, which indicates the instant debt-paying ability of a

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The ratio of the quick assets to current liabilities, which indicates the "instant" debt-paying ability of a firm, is the:

A. current ratio.

C. quick ratio.

B. working capital ratio.

D. bankers' ratio.

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Financial Accounting

ISBN: 9780324380675

10th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: Jun 11, 2024 12:02 AM

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The ratio of the quick assets to current liabilities, which indicates the instant debt-paying ability of a

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Financial Accounting

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