Liquidity Ratios: Understanding the Relationship | CFA Level 1 Test Prep

Liquidity Ratios Relationship

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Question

Which of the following relationship is true about the liquidity ratios?

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Explanations

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A. B. C. D.

C

The cash ratio is the most conservative of the 3 liquidity ratios since it considers only cash and marketable securities relative to the current liabilities. The quick ratio considers receivables in addition to cash and marketable securities. The current ratio takes all current assets into account.