Other symbols, whichare not universally recognized, may be used, subjectto approval by the Office, if they are not likely to be 27. A Guide To Filing A Design Patent ApplicationUnited States Patent and Trademark Office 28 confused with existing conventional symbols, and ifthey are readily identifiable.(o) Legends.
Quick ratio is calculated by dividing liquid current assets by total current liabilities. Liquid current assets include cash, marketable securities and receivables.
The actual ratio has limited usefulness without comparing it with your trend and industry competitors. A lower trending quick ratio means your company's ability to cover its short-term debts is getting worse and action to improve liquidity is necessary.