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 primary difference between the current ratio and the quick ratio is the quick ratio does not include inventory and prepaid expenses in the calculation. The companyâs quick ratio should be lower than its current ratio. It is a severe test of liquidity. Copyright DA Bittar 2009, 2010, 2012.