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.
Definition. 1  The Quick (aka acid) Ratio is used as a solvency metric to determine a firm's ability to pay down current liabilities with its cash, short term equivalents, and accounts receivables. This ratio was nicknamed quick to describe the quick assets needed to pay down any current liabilities.