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Author Question: Which account is used in the current ratio butnotthe quick ratio? (Read 106 times)

abcdef9106

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on: Aug 21, 2022

Question 1

To determine accounts receivable turnover, net sales are divided by
◦ beginning net accounts receivable.
◦ average gross receivables.
◦ cost of goods sold.
◦ 365 days.

Question 2

Which account is used in the current ratio but not the quick ratio?
◦ marketable securities
◦ accounts payable
◦ accounts receivable
◦ inventory
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by abcdef9106 on Aug 21, 2022

khammond77

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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abcdef9106

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Reply 2 on: Aug 21, 2022
:D TYSM

frankwu0507

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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