Occ anbe exam master set - Study guides, Class notes & Summaries
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OCC ANBE Exam (Master Set) Questions & Answers 2024/2025
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OCC ANBE Exam (Master Set) Questions & Answers 2024/2025 
 
 
Current Ratio (Liquidity) 
 
Whether company is liquid enough to be able to pay its short-term debts. - ANSWERSCurrent Assets/Current Liabilities 
 
Quick Ratio aka Acid Test (Liquidity) 
 
A more conservative measure of liquidity. - ANSWERS(cash + ST investments + AR )/Current Liabilities 
 
Gross Margin on Sales (Profitability) 
 
The excess of a product's selling price over cost, which is what the company has left to coverall rema...
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