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Correct answer is inventory
2. Inventory
Inventory
2. Inventory - though it is under current asset but fund availabity is uncertain.
quick ratio excludes inventory
It is Inventory
Inventory!
Quick ratio = Cash + Marketable securities + A/R / Current liabilities
D- Inventory is the correct answer.
I agree with all, its INVENTORY
While calculating Quick Ratio, Inventory excluded from the current assets.
Quick Ratio excludes the inventory, it that ratio which consists on current assets which are easily converted into cash
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