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 96 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
Great answer, keep it coming :)

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio
The difference between mieosis and mitoses The difference between mieosis and mitoses
For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ... For some Americans, religion is an “easy-going, makes-little-difference” matter, as expressed in ...
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 ...
Difference spectra of mitochondria Difference spectra of mitochondria
An electron is accelerated from rest through a potential difference. After acceleration the ... An electron is accelerated from rest through a potential difference. After acceleration the ...
Video: Male Reproductive System - Testosterone

For a complete list of videos, visit our video library