The formula to calculate quick ratio is:
A. Quick ratio = (Credit + Securities + Receivables) / Current liabilities
B. Quick ratio = (Cash + Securities + Payables) / Final liabilities
C. Quick ratio = (Credit + Securities + Payables) / Final liabilities
D. Quick ratio = (Cash + Securities + Receivables) / Current liabilities
Answer:D
The formula to calculate quick ratio is:
A. Quick ratio = (Credit + Securities + Receivables) / Current liabilities B. Quick ratio = (Cash + Securities + Payables) / Final liabilities C. Quick ratio = (Credit + Securities + Payables) / Final liabilities D. Quick ratio = (Cash + Securities + Receivables) / Current liabilities