Consider the following.
1. Basic defensive and interval ratio
2. Current ratio
3. Super quick ratio
4. Quick ratio
Arrange these ratios in sequence to reflect the liquidity in descending order.
A. 2, 4, 3 and 1
B. 1, 2, 4 and 3
C. 4, 2, 3 and 1
D. 3, 4, 1 and 2
Answer: Option A

Join The Discussion