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the formula should not include any receivables that a company does not expect to receive. The quick ratio pulls all current liabilities from a company’s balance sheet, as it does not attempt to ...
The following figures are as of March 27th, 2021, and come from Apple’s balance sheet. Numbers are in millions of dollars. Based on this calculation, Apple’s quick ratio was 0.83 as of the end ...
How well can current assets cover current liabilities? Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Amy is an ACA and ...