Accountancy, asked by shindeniraj123, 6 months ago

the standard for quick ratio is

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Answered by marydeepa16

Answer:

A result of 1 is considered to be the normal quick ratio. ... A company that has a quick ratio of less than 1 may not be able to fully pay off its current liabilities in the short term, while a company having a quick ratio higher than 1 can instantly get rid of its current liabilities.

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