Quick Assets: Cash and other assets which can or will be converted into cash fairly soon, such as accounts receivable and marketable securities; or equivalently, current assets minus inventory.

 

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Quick Assets: Cash and other assets which can or will be converted into cash fairly soon, such as accounts receivable and marketable securities; or equivalently, current assets minus inventory.

Acid-Test Ratio (Or Quick Ratio): A measure of a firm's ability to meet current liabilities: more restrictive than the current ratio, it is computed by dividing net quick assets (all current assets, except inventories and pr . . . View Full Definition

Quick Hook: Refers to a situation where the manager removes a pitcher in the early innings because the hurler is getting shelled.

Quick Eight: An apparently good pocket hit that knocks down only eight pins, usually leaving the 4-7 or 6-10.

Quick Ratio: Indicator of a company's financial strength (or weakness). Calculated by taking current assets less inventories, divided by current liabilities. This ratio provides information regarding the . . . View Full Definition

Quick Release (Terminal): A means for securing a wire conductor to a terminal connector that permits easy attachment and removal. In the usual form, this will involve a spring-loaded clip, which needs only to be pres . . . View Full Definition

Quick Kick: An unexpected punt.

Publicly Traded Assets: Assets that can be traded in a public market, such as the stock market.

Operating Assets: Long-term, or noncurrent, assets acquired for use in the business rather than for resale: includes property, plant, and equipment: intangible assets: and natural resources.

Other Assets: Assets exclusive of current assets and property, plant and equipment. Other assets can include intangibles, deposits, loans made, and miscellaneous non-current assets.