Based on the below figures, what is the quick ratio?
A) 0.80:1
B) 1:1
C) 1.07:1
D) 1.25:1
Correct Answer:
Verified
Q8: The current ratio is calculated to determine
Q9: Based on the below figures, what
Q10: Based on the below figures, what
Q11: Based on the below figures, what
Q12: At 31 December 2019, Martha Limited has
Q14: Based on the below figures, what
Q15: At 31 October 2019, Tasha Limited has
Q16: Which one of the following statements is
Q17: Current and quick ratios are largely irrelevant
Q18: Working capital = current assets + current
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