A quick ratio that is about equal to the current ratio


A quick ratio that is about equal to the current ratio indicates that

a. inventories represent a large portion of current assets.

b. the company has a low inventory turnover.

c. inventories represent a small portion of current assets.

d. the company has a high inventory turnover.

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: A quick ratio that is about equal to the current ratio
Reference No:- TGS01105714

Expected delivery within 24 Hours