Your boss is concerned about the current state of your company, because the company's quick ratio is 0.33 . Why is your boss concerned by this number? Your company's cost of goods sold is about one-third of its revenue. Your company's revenue is about one-third of its cost of goods sold. Your company has about one-third of the amount of liquid assets needed to cover short term liabilities. Your company has short term liabilities that amount to about one-third of liquid assets