Match the following terms or phrases in (a - g) with the explanations in 1 - 8. Terms or phrases may be used more than once. Clear All Measures the "instant" debt- paying ability of a company Remote contingent liability Quick ratio Cash + Temporary investments + Accounts receivable Record an accrual and disclose in the notes to the financial statements (Cash + Temporary investments + Accounts receivable)/Current liabilities Working capital Probable likelihood of a liability but cannot be estimated Current ratio Current assets/Current liabilities Disclose only in notes to financial statements Probable likelihood and No disclosure needed in Check My Work 1 more Check My Work uses remaining. Probable likelihood of a liability but cannot be estimated Current ratio Current assets/Current liabilities Disclose only in notes to financial statements Probable likelihood and estimable liability No disclosure needed in notes to financial statements Reasonably possible likelihood of a liability Quick assets Current assets Current liabilities