This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the difference between the current ratio and the quick ratio? What will be an ideal ... (Read 59 times)

Coya19@aol.com

  • Hero Member
  • *****
  • Posts: 601
on: Jul 26, 2018
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
Reply #1 on: Jul 26, 2018
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
Wow, this really help

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Close-up of a cat's claw, with the quick clearly visible Close-up of a cat's claw, with the quick clearly visible
A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ... A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ...
Current Geopolitics and Civil Liberties Current Geopolitics and Civil Liberties
A mobile weather station that can be used to gather current weather data at the scene of hazardous ... A mobile weather station that can be used to gather current weather data at the scene of hazardous ...
Find angles (in radians) from trigonometric ratio Find angles (in radians) from trigonometric ratio
Current intensity and the frequency of action potentials Current intensity and the frequency of action potentials
Video: How eudicots (true dicots) differ from monocots Animation

For a complete list of videos, visit our video library