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Basic Question 2 of 5
The quick ratio ______
II. calculation includes inventory.
III. is used to evaluate profitability.
I. is a measure of short-term debt-paying ability.
II. calculation includes inventory.
III. is used to evaluate profitability.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
calculate and interpret financial ratios used in credit analysis
CFA® 2024 Level I Curriculum, Volume 4, Module 16.