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Which of the following is a reason an investor may choose to use the quick (acid test) ratio instead of the current ratio? The quick

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Which of the following is a reason an investor may choose to use the quick ("acid test") ratio instead of the current ratio? The quick ratio adjusts cash flows to account for depreciation expense The quick ratio is a substantially simpler calculation than the current ratio Inventory is the least liquid current asset, so it may not be easy to sell when cash is needed Incorporating long-term assets and debt gives a more complete financial picture The current ratio is meaningless in a high-interest-rate environment

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