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.
In finance, the Acid-test or quick ratio or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A company with a quick ratio of less than 1 cannot currently fully pay back its current liabilities.