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9 June, 03:42

Quick assets include which of the following? Multiple Choice Cash, marketable securities, and inventories. Market securities, receivables, and inventories. Cash, marketable securities, and receivables.

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  1. 9 June, 05:48
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    The correct answer is letter "C": Cash, marketable securities, and receivables.

    Explanation:

    The quick assets of a company can be easily converted into cash. Quick assets include cash, accounts receivable, and marketable securities, which are equities and debt securities that can be converted into cash within one year. To calculate the quick assets of a company, add its cash, marketable securities and receivables and subtract its inventory.
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