Which of the following statements is true? A) The quick ratio is clas

Which of the following statements is true?

A) The quick ratio is classified as an activity ratio.
B) Current assets are expected to be converted into cash in less than 2 years.
C) A firm’s debt holders prefer a low quick ratio.
D) Activity ratios go hand in hand with liquidity ratios
E) Lower current ratios are always preferable.

ANSWER

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