The ratio of total cash, marketable securities, accounts receivable, and short-term notes to current liabilities is:

A) the debt-to-equity ratio.
B) the current ratio.
C) the acid-test ratio.
D) working capital.

The ratio of total cash, marketable securities, accounts receivable, and short-term notes to current liabilities is the acid-test ratio. This measures a company's ability to pay off its current liabilities with its most liquid assets. The debt-to-equity ratio measures the amount of debt financing relative to equity financing, the current ratio measures a company's ability to pay off its current liabilities with its current assets, and working capital is the difference between current assets and current liabilities.