What Is The Second Name Of Acid Test And Also Give Its Formula ?
Need answer of both questions
2 Answers - Sort by: Date | Rating
Acid test is an accounting ratio used to measure the liquidity position of a firm, that is how much resources it has to pay off its short term/current liabilities without any trouble. The second name of ratio is quick ratio.
the formula is as under:
acid test / quick ratio: = (total current assets less inventories)/current liabilities.
a quick ratio of 1 is desirable, a less number indicates problem for the firm.
the formula is as under:
acid test / quick ratio: = (total current assets less inventories)/current liabilities.
a quick ratio of 1 is desirable, a less number indicates problem for the firm.
1
0
Acid test is also known as Quick test and its formula is as follows:
Acid Test Ratio
= (Cash + Marketable securities + Current receivables)/current liabilities
for more information click on the link: Acid Test
Acid Test Ratio
= (Cash + Marketable securities + Current receivables)/current liabilities
for more information click on the link: Acid Test
0
1
- "Picture" Was On The Charts In 2003 By Which Artist?
- Why India Is Not Calculating Inflation On Consumer Price Index?
- Bookings 93,720.fixed Overheads 67,400.price 710.variable Cost 28,380? Break Even
- Some Critics Of Tax Increases On Cigarettes Suggest That An Increase In The Tax Will Reduce The Revenue That The Government Collects. For Low- And Middle-income Countries, Is This Likely? (Assume That Taxes Account For One Half Of The Retail Price Of
- What Are The Differences Between Strategic Intent And Strategic Mission?
- What Kind Of Environment Can You Find In The Area That Surrounds The University Of Arizona?
- 1. Explain How The Financial Environment Can Impact Personal Finance?
- What Are The Advantages And Disadvantages Of Allocating Roles?
- What Are Any Real Company Examples For A Hierarchical Structure?
- What Is The Assumptions Of Break Even Point?
- What Are The Most Important Guidelines For Formatting Papers?
- What Is Differences Between Sole Trader And Sole Operator?
- What Is An Effective Planning In An Organisation?
- What Is Product Division?
- What Are The Steps In The Measurement Cycle?
- What Are The Nature Of Production Operation Management?
- News Editors Decide What To Broadcast On Television And What To Print In Newspapers. What Factors Do You Think Influence These Decisions? Do We Become Used To Bad News? Would It Be Better If More Good News Was Reported?
- How Can Statistics Apply In Hospitality Management?
- What Is Production Operation?
- What Is The 8 Step Of Strategic Managment?
- What Are The Factors That Affect An Organisation Generally-PEST Analysis?
- Reasons Why Such Businesses Would Maintain Accounting Records If Financial Statements?
- Reasons Why Such Businesses Would Maintain Accounting Records If Financial Statements Are Not Required By Outsiders?
- What Is Characteristics Od Ethics?
- What Are Department Budgets?
- What Is The Formula For Propionic Acid?
- What Is The Formula For Boric Acid?
- What Is The Formula For Hydrochloric Acid?
- What Is The Formula For Sulfuric Acid?
- What Is The Formula For Nitric Acid?
- What Is The Formula For Selenic Acid?
- What Is The Formula For Hydrosulfuric Acid?
- What Is The Chemical Formula For Folic Acid?
- What Is The Chemical Formula For Nitric Acid?
- What Is The Chemical Formula For Ascorbic Acid?
- What Is The Formula For Acetic Acid + Copper?
- What Is The Chemical Formula For Hydrochloric Acid?
New Comment - Comments are editable for 5 min.