An analyst does research about defensive internal ratio and gathers the following information about a company (in millions):
· Current ratio is 2.5
·Quick ratio is 2
·Cash ratio is 1.5
·Average daily expenditures is $20
·Current liabilities is $100
The company's defensive interval ratio is closest to:()
A. 7.5
B. 10.0
C. 12.5
参考答案:B
解析:
quick ratio=(cash+marketable securities+receivables)/current Iiabilities cash+marketable securities+receivables=quick ratio×current liabilities=$100×2=$200。defensive interval=(cash+marketable securities+receivables)/average daily expenditure=200/20=10。