quick assets are defined as: multiple choice cash, short - term investments, and accounts payable. cash…

quick assets are defined as: multiple choice cash, short - term investments, and accounts payable. cash, short - term investments, and current receivables cash, inventory, and current receivables. accounts receivable, inventory, and prepaid expenses cash, noncurrent receivables, and prepaid expenses

quick assets are defined as: multiple choice cash, short - term investments, and accounts payable. cash, short - term investments, and current receivables cash, inventory, and current receivables. accounts receivable, inventory, and prepaid expenses cash, noncurrent receivables, and prepaid expenses

Answer

Brief Explanations:

Quick assets are highly liquid assets that can be quickly converted to cash. Accounts payable is a liability, not an asset. Inventory is not considered a quick - asset as it may take time to sell. Prepaid expenses are not liquid in the sense of being easily convertible to cash in the short - term. Non - current receivables are not part of quick assets as they are not due in the short - term. Cash, short - term investments, and current receivables are readily convertible to cash.

Answer:

Cash, short - term investments, and current receivables.