Why is the quick ratio a more refined liquidity measure, Finance Basics

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Why is the quick ratio a more refined liquidity measure

Why is the quick ratio a more refined liquidity measure than the current ratio?

A. It measures how "quickly" cash and other liquid assets flow through the company.
B. Inventories are generally the least liquid of the firm's current assets.
C. Inventories are generally among the most liquid of the firm's current assets.
D. Cash is the most liquid current asset.

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Finance Basics: Why is the quick ratio a more refined liquidity measure

Reference No:- TGS0637217

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