Quick assets (cash,short-term investments,and current receivables) divided by current liabilities is the:

A) Acid-test ratio.
B) Current ratio.
C) Working capital ratio.
D) Current liability turnover ratio.
E) Quick asset turnover ratio.

Acid-test Ratio

A financial metric that measures a company's ability to pay off its current liabilities with its quick assets, excluding inventory.

Quick Assets

Quick assets are assets that can rapidly be converted into cash, excluding inventory and pre-paid expenses, often used in calculating liquidity measures.

Current Liabilities

Financial obligations that a company is required to pay within one year or within its current operating cycle.