An acid test (quick. ratio of 0.75 to 1 would indicate __________.

Question 1 options:

a ratio that would not allow a company to pay off all current liabilities with quick assets

that for every $1 of short-term debt there are $0.75 of quick assets to meet short-term obligations

that for every $1 of current assets there are $0.75 of short-term debt

both A and B