When evaluating the current ratio of an entity which of the, Ask an Expert

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When evaluating the current ratio of an entity, which of the following composition of assets would be considered most liquid?

A. Cash, inventory, prepaid items.

B. Cash, marketable securities, accounts receivables.

C. Inventory, accounts receivable, prepaid items.

D. Cash, accounts receivable, prepaid items.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M952344

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