CFA Practice Question

There are 534 practice questions for this study session.

CFA Practice Question

Which of the following items is NOT in the numerator of the quick ratio?
A. Receivables
B. Inventory
C. Marketable securities
Explanation: Quick ratio = (cash + marketable securities + receivables)/current liabilities
Current ratio = (cash + marketable securities + receivables + inventory)/current liabilities

User Contributed Comments 0

You need to log in first to add your comment.