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Basic Question 12 of 23
The quick ratio is also called the ______.
B. acid-test ratio
C. cash-flow liquidity ratio
A. current ratio
B. acid-test ratio
C. cash-flow liquidity ratio
User Contributed Comments 1
| User | Comment |
|---|---|
| microeconomist | To gauge short-term liquidity, the Quick Ratio excludes inventory. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
explain liquidity and compare issuers' liquidity levels
CFA® 2024 Level I Curriculum, Volume 2, Module 4.