Question
Which of the following is correct about the liquidity
position of a company whose current ratio is 2.5, and quick ratio is only 0.9?ÂSolution
The difference between Current and quick ratio is that in quick ratio, inventory. which is considered as less liquid, is not considered as quick current assets. Thus, a significant gap between a current and quick ratio indicates that the company has high levels of inventory in its current assets.Â
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