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The quick ratio a.relates cash, marketable securities, and net receivables to current liabilities. b.is calculated by taking one item from the income statement and one

The quick ratio

a.relates cash, marketable securities, and net receivables to current liabilities.

b.is calculated by taking one item from the income statement and one item from the balance sheet.

c.is the same as the current ratio except it is rounded to the nearest whole percent.

d.is used to quickly determine a company's leverage and long-term debt-paying ability.

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