what fo you mean byquick ratio
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Explanation:
The quick ratio, also known as the acid-test ratio, measures the ability of a company to pay all of its outstanding liabilities when they come due with only assets that can be quickly converted to cash. These include cash, cash equivalents, marketable securities, short-term investments, and current account receivables.
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The quick ratio is an indicator of a company's short-term liquidity position and measures a company's ability to meet its short-term obligations with its most liquid assets.
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