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Basic Question 2 of 5

The quick ratio ______

I. is a measure of short-term debt-paying ability.
II. calculation includes inventory.
III. is used to evaluate profitability.

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

calculate and interpret financial ratios used in credit analysis

CFA® 2025 Level I Curriculum, Volume 4, Module 16.