Cross Watson
01/04/2024 · Senior High School
A higher Quick Ratio indicates a better ability to cover short-term obligations. True False
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True. A higher Quick Ratio indicates a better ability for a company to cover its short-term obligations with its most liquid assets, excluding inventory. This ratio is a measure of a company's short-term liquidity and financial health.
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True. A higher Quick Ratio shows better short-term financial health.
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