This topic contains a solution. Click here to go to the answer

Author Question: What is the difference between the current ratio and the quick ratio? What will be an ideal ... (Read 113 times)

Coya19@aol.com

  • Hero Member
  • *****
  • Posts: 601
What is the difference between the current ratio and the quick ratio?
 
  What will be an ideal response?

Question 2

How would you create a chart of accounts for a project cost ledger?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

popopong

  • Sr. Member
  • ****
  • Posts: 307
Answer to Question 1

Both the current and the quick ratios are measures of liquidity. The quick ratio excludes inventory, which is included in the quick ratio.

Answer to Question 2

The first step is to determine the elements of work associated with the project. Then a cost code is assigned to each element of work for which costs are to be tracked.




Coya19@aol.com

  • Member
  • Posts: 601
Reply 2 on: Jul 26, 2018
YES! Correct, THANKS for helping me on my review


LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The human body produces and destroys 15 million blood cells every second.

For a complete list of videos, visit our video library