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O-LevelAccountingAnalysis and interpretation7707/11 · Oct/Nov 2018 · Q281 Mark

What is included in the working capital ratio (current ratio), but not the quick ratio (acid test ratio)?

Acash
Binventory
Cother receivables
Dtrade payables

✓ Correct answer

A: cash

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About this question

Topic
Analysis and interpretation, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, Oct/Nov 2018 Paper 1 Variant 1, question 28.

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