SOFE Exam SOFA-CFE Topic 3 Question 105 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 105
Topic #: 3

The formula to calculate quick ratio is:

AQuick ratio = (Credit + Securities + Receivables) / Current liabilities

BQuick ratio = (Cash + Securities + Payables) / Final liabilities

CQuick ratio = (Credit + Securities + Payables) / Final liabilities

DQuick ratio = (Cash + Securities + Receivables) / Current liabilities

Show Suggested Answer

Suggested Answer: D

by Alethea at Jan 11, 2025, 12:40 PM

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1 days ago

I'm pretty sure the quick ratio formula is D. That's the one I remember from my notes.

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13 days ago

I think the formula for quick ratio is A.

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