Quick ratio = 2.5; what does this mean?
Answer: For every dollar of current liabilities, the business has $2.50 of assets easily turned into cash (liquid).
Quick ratio = 2.5; what does this mean?
Answer: For every dollar of current liabilities, the business has $2.50 of assets easily turned into cash (liquid).
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.