quick ratio
What is the quick ratio?
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As quick ratio uses the company's quick assets to pay off the liabilities it is also called as acid ratio The other name for this ratio is
The quick ratio formula is: quick ratio = quick assets current liabilities Cash $ 20,000 $10,000 Accounts receivable 100,000 70,000 Inventory 70,000 80,000 Other 20,000 20,000 **42 McKeon Company's debt-to-total-asset ratio at 12
เลขท้าย3ตัวได้กี่บาท Quick ratio: The quick ratio formula uses current liquid assets, which are assets that can be turned into cash quickly, divided by current A quick ratio of :1 means you have a dollar's worth of easily convertible assets for each dollar of your current liabilities Though acceptable ratios can