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SOFA-CFE · Question #407
SOFA-CFE Question #407: Real Exam Question with Answer & Explanation
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Question
The formula to calculate quick ratio is:
Options
- AQuick ratio = (Credit + Securities + Receivables) / Current liabilities
- BQuick ratio = (Cash + Securities + Payables) / Final liabilities
- CQuick ratio = (Credit + Securities + Payables) / Final liabilities
- DQuick ratio = (Cash + Securities + Receivables) / Current liabilities
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