Match these terms to their correct definition.
-measure of liquidity that excludes assets that are difficult to convert to cash

Name: Match these terms to their correct definition. -measure of liquidity that excludes assets that are difficult to convert to cash
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Question

Quizplus · Accepted Answer

The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations with its most liquid assets, thereby excluding inventory and other assets that are more difficult to convert to cash quickly.

Match These Terms to Their Correct Definition