Quick ratio is calculated as X-y:z, where

  • A x= stock; y=current assets and z= long-term liabilities
  • B x = current assets; y = debtors and z= current liabilities.
  • C x=current assets; y= stock and z=current labilities
  • D x= debtors; y= stock and z=current assets.

The correct answer is C. x=current assets; y= stock and z=current labilities

No explanation given
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