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Quick Ratio

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Quick Ratio 

Cash plus marketable securities plus accounts receivable, all divided by current liabilities; this liquidity ratio is a more stringent test of the ability to meet current obligation as they come due than the widely used current ratios.

Graham, Andrew. Financial Management in Canada’s Public Sector. Kingston, ON: School of Policy Studies, Queen’s University; Montreal : McGill-Queen’s University Press, 2007   


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