Question : Quick assets include
Option 1: Trade receivable
Option 2: Cash and bank balance
Option 3: Marketable securities
Option 4: All of the above
Answer (1)
23rd Jan, 2024
Correct Answer: All of the above
Solution : Answer = All of the above.
Quick assets include trade receivables, cash and bank balances, and marketable securities. These are highly liquid assets that can be quickly converted into cash to meet short-term obligations or emergencies, providing a measure of a company's liquidity.
Quick assets = current assets except stock and prepaid expenses.
Hence, the correct option is 4.
Comments (0)
Related Questions
Trending Articles/News
