Start learning →

A normal liquid (quick) ratio is considered to be what?

A2:1
B1:2
C1:1
D3:1
Answer & Solution
Correct answer: C. 1:1
A quick ratio of 1:1 means quick assets just cover current liabilities.
Practise this question with Quill — CA Final →

Keep practising Analysis of Financial Statements

Browse all Analysis of Financial Statements questions for CA Final, or explore more Financialreporting topics.

Start a Analysis of Financial Statements lesson →
Related questions