Exam (elaborations)
D076 - Ratios Exam Questions & Answers 100% Accurate
- Course
- Institution
Current Ratio - ANSWER-Is a liquidity ratio. Short-term debt paying ability. Current Assets/Current Liabilities Quick Ratio - ANSWER-Also known as acid test. Is a liquidity ratio. Provides a more accurate cash position of firm by excluding inventory from current assets. Current Assets-In...
[Show more]