question lo 7 the quick ratio does not include the following item. answer net current receivables short…

question lo 7 the quick ratio does not include the following item. answer net current receivables short - term investments cash and cash equivalents prepaid expenses i dont know yet

question lo 7 the quick ratio does not include the following item. answer net current receivables short - term investments cash and cash equivalents prepaid expenses i dont know yet

Answer

Brief Explanations:

The quick ratio, also known as the acid - test ratio, is calculated as (Cash + Cash Equivalents+ Short - term Investments + Net Current Receivables) / Current Liabilities. Prepaid expenses are not included in the quick ratio as they are not easily convertible to cash in the short - term.

Answer:

Prepaid expenses