Question

An acid test (quick. ratio of 0.75 to 1 would indicate __________. A. a ratio that would not allow a company to pay off all current liabilities with quick assets B. that for every $1 of short-term debt there are $0.75 of quick assets to meet short-term obligations C. that for every $1 of current assets there are $0.75 of short-term debt D. both A and B