Business, 05.05.2020 21:46 calebvaughn924

Match the following terms or phrases in (a-g) with the explanations in 1-8. Terms or phrases may be used more than once. Current assets/Current liabilities
Remote contingent liability
Current assets – Current liabilities
Cash + Temporary investments + Accounts receivable
(Cash + Temporary investments + Accounts receivable)/Current liabilities
Probable likelihood and estimable liability
Probable likelihood of a liability but cannot be estimated
Reasonably possible likelihood of a liability
Measures the "instant" debt-paying ability of a companya. Current ratiob. Working capitalc. Quick assetsd. Quick ratioe. Record an accrual and disclose in the notes to the financial statementsf. Disclose only in notes to financial statementsg. No disclosure needed in notes to financial statements

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Match the following terms or phrases in (a-g) with the explanations in 1-8. Terms or phrases may be...

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