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SOFE SOFA-CFE Exam - Topic 2 Question 53 Discussion

Posted by Arthur on Jun 17, 2022 at 03:58 PM

The formula to calculate quick ratio is:

Suggested Answer: D

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12 comments · newest first
AR
Arthur 11 months ago
Yup, D is the one! Easy to remember too!
PA
Pa 11 months ago
Wait, are we sure about this? Seems too simple.
JO
Jolanda 12 months ago
Definitely option D! It’s the most commonly used formula.
FL
Fletcher 12 months ago
I thought it was about payables, but I guess not.
EU
Eun 12 months ago
Quick ratio = (Cash + Securities + Receivables) / Current liabilities is correct!
GR
Gregoria 1 year ago
I feel like option D sounds familiar, but I might be mixing it up with another liquidity ratio.
DE
Denise 1 year ago
I remember practicing a similar question, and I believe the correct formula is related to cash and securities, but I can't recall the exact components.
RU
Rueben 1 year ago
I think the quick ratio involves cash and receivables, but I'm not sure if it includes payables or current liabilities.
PE
Peggie 1 year ago
I thought the quick ratio was about measuring short-term liquidity, so it should definitely include cash and receivables, but I’m unsure about the liabilities part.
GE
Genevive 1 year ago
Wait, I'm a little confused. Isn't VOC also used to analyze product issues and improve processes? I'm not sure if option A is the only correct choice.
KR
Kris 1 year ago
I feel pretty confident about this one. The code clearly shows the creation of a Match object, and I can see how the properties are being set. I'll carefully analyze the process to determine the number of Location property assignments.
AL
Alease 1 year ago
I vaguely recall something about customer facilities being a good spot for safety stock, but it feels a bit risky for inventory management.
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