The current ratio of a firm would equal its quick ratio whenever A) t
The current ratio of a firm would equal its quick ratio whenever
A) the firm’s current ratio is equal to one.
B) the firm’s inventory is equal to its current liabilities.
C) the firm has no inventory.
D) the firm’s inventory is equal to its other current assets.
ANSWER
C
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.