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<p>(a) Cash</p> <p>(b) Accounts Receivable</p> <p>(c) Inventories</p> <p>(d) Only (a) and (b)</p> <p>(e) None of these</p>
Mr. Divyesh is right option D) is the right answer.
(d) Only (a) and (b)
D
in UAE d) is not applicable, so only a) is right
Accounts Receivables & Cash
cash and cash equivalents
the answer is option#
(d) Only (a) and (b)
answer is D
Agree with the answers given by all: Answer D.
Generally Quick assets = Current Assets - Inventory.
Why Inventory is not included?All inventory cannot be converted into liquid cash within a reasonable short interval. But there are exceptions also: In case of Gold and Bullion that can be.
