InterviewSolution
Saved Bookmarks
| 1. |
The standard for quick ratio is |
|
Answer» A result of 1 is considered to be the NORMAL QUICK ratio. ... A company that has a quick ratio of LESS than 1 may not be able to fully pay off its current liabilities in the SHORT term, while a company having a quick ratio higher than 1 can instantly get RID of its current liabilities. |
|