Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a firm has higher quick (or acid test) ratio than

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

60.1K

Verified Solution

Question

Accounting

image
A firm has higher quick (or acid test) ratio than the industry average, which implies: a. The firm is more likely to avoid insolvency in the short run than other firms in the industry and the firm may be less profitable than other firms in the industry. b. The firm has a higher P/E ratio than other firms in the industry c. The firm may be less profitable than other firms in the industry Clear my choice

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

1) Exactly five years ago, WSGD Holdings issued 20-year bonds with a $1,000 face value. These...

Physics
1.2K views

An engineer has three different capacitors of unknown capacitance. She labels them C1, C2, and C3....

Physics
1.2K views

Draw how the negative and positive charges are distributed for DC and AC plasmas

Finance
1.2K views

The president of the company you work for has asked you to evaluate the proposed acquisition...

Finance
1.2K views

In at least 200 words, what are flotation Costs. how and why are they used, and...

Statistics
1.2K views

ability Qu ead reach distances of adult femal probability that an individual dista probability that...

Calculus
1.2K views

Solve the following triangle A 20 B 10 a 7 C Simplify your answer ba...

Calculus
1.2K views

1 Find limits a 1 point b 1 point c 1 point d 1 point...

Algebra
1.2K views

Simplify each difference 2 3n 6 3n 4n 7 7n A n 4n 12 6n...

Accounting
1.2K views

Balotti S.A. revenue decreased from $250,000 to $220,000. The firm's current assets did not change...

Accounting
1.2K views

On April 1, 2016, the premium on a one-year insurance policy was purchased for $2,400...

Finance
1.2K views

please help with the Discount Cash Flow and IRR Valuation of the company You're...