4.4: A company’s quick ratio is 1.2. What does this indicate about its liquidity?单项选择题

A

It cannot meet short-term obligations

B

It has sufficient liquid assets to cover current liabilities

C

It relies heavily on inventory

D

It has no debt

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类似问题

CANADIAN TIRE- Part 1 of 11 Use two decimal points. Do not add percentage (%), or times (X) with the number. Calculate Quick Ratio for 2020. 

Using the Financial Statements above, what is the quick ratio for year 20x0? XYZ Corporation Balance Sheet Balance Sheet (in $millions) Assets 20x0 20x1 Current assets Cash 350 425 Accounts receivable 568 612 Inventory 820 834 Total CA 1,738 1,871 Fixed assets PP&E 6,124 6,582 Accumulated dep. 868 1,214 Net PP&E 5,256 5,368 Total Assets 6,994 7,239 Liabilities 20x0 20x1 Current liabilities Accounts payable 412 414 Notes payable 511 498 Total CL 923 912 Long-term debt 3,215 3,321 Equity Common stock 1,816 1,906 Retained earnings 1,040 1,100 Total Liability and equity 6,994 7,239   XYZ Corporation Income Statement 20x1 Income Statement (in $Millions) Sales 4,673 Cost of goods sold (1,985) Operating expense (849) Depreciation (412) Earnings before interest and taxes 1,427 Interest expense (580) Earnings before taxes 847 Taxes (250) Net income 597  

 A company’s quick ratio is 0.8. What does this indicate about its liquidity? 一家公司的速动比率是 0.8。这对其流动性有何指示？

A firm has a higher quick (or acid test) ratio than the industry average, which implies:

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