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Marketable securities(given quick ratio,current liabilities,cash and cash equivalentand accounts receivable)
Formula
CCE
cash and cash equivalent
Formula description
In finance, the Acid-test or quick ratio or liquid ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A company with a Quick Ratio of less than 1 can not currently pay back its current liabilities.