Answered step by step
Verified Expert Solution
Question
1 Approved Answer
PLEASE ITS URGENT,PLEASE ITS URGENT,PLEASE ITS URGENT, Which is not true about quick ratio? A A higher quick ratio is better for the health of
PLEASE ITS URGENT,PLEASE ITS URGENT,PLEASE ITS URGENT,
Which is not true about quick ratio?
A A higher quick ratio is better for the health of a company
B It is a type of liquidity ratio
C It measures a financial institution's long-term liquidity position
D A high quick ratio puts a financial institution in a decent position to cover its current liabilities
E It measures a financial institution's ability to meet its obligations with its most liquid assets
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started