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The quick ratio equals: cash on hand plus current liabilities, divided by current assets. current assets minus inventory, divided by current liabilities. current assets minus
The quick ratio equals:
cash on hand plus current liabilities, divided by current assets.
current assets minus inventory, divided by current liabilities.
current assets minus inventory minus current liabilities.
current liabilities divided by current assets, plus inventory.
current assets divided by current liabilities.
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
9th Edition
125972266X, 9781259722660
