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Which of the following is true about the quick ratio? It is a liquidity ratio. It measures the ability of the firm to pay off

Which of the following is true about the quick ratio?
It is a liquidity ratio.
It measures the ability of the firm to pay off its short-term obligations without relying on inventory.
It cannot exceed the current ratio.
It is also called the acid-test ratio.
All of the above answers are correct.
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