Quiz Ch 04 – T/F Comparing Current and Quick Ratios
Fundamentals of Financial Management, Concise
Brigham and Houston
09th Edition
True or false: While Firm A may have a higher current ratio than Firm B, Firm B could still have a higher quick ratio than A. However, if A’s quick ratio surpasses B’s, it’s definite that A’s current ratio is also greater than B’s.