Quick Ratio or Acid Test Ratio

The quick ratio measures the liquidity of a business and its ability to meet its short term liabilities and debts. It is calculated by dividing current assets less inventory by current liabilities. It is also known as the Acid Test Ratio.

Quick Ratio or Acid Test Ratio November 15th, 2016Team
Read more

Current Ratio

The current ratio measures the liquidity of a business and its ability to meet its short term liabilities and debts. It is calculated by dividing current assets by current liabilities. It is also known as the Working Capital Ratio.

Current Ratio November 6th, 2016Team
Read more

You May Also Like


Related pages


what is retained incomeequipment lease calculator excelwhat is the formula for fixed costsample of bank reconciliation statementaccrued payable journal entrybalance sheet exercises with answersledger bookkeepingthe final step in the accounting cycle is to preparebookkeeping stepstransposition error in trial balanceaccumulated depreciation asset or liabilitymcq on accounting with answersis prepaid expense a current assetdepreciation straight line calculatorformula for calculating effective interest ratecost of ending inventory calculatortvm calculator free downloadmaterial requisitionaverage payment period ratiocontinuously compoundingcalculate variable cost per unitbills receivableaccounting general ledger examplesannuity due calculator future valueexpanded accounting equationgrn entryoverstated accountinglifo vs fifo accountingcontra equity account exampleshow to do trial balance from ledgerwhat is predetermined overhead ratecapital lease accounting treatmentfifo method cost of goods soldfixed asset turnover ratio formula examplefuture value of annuity chartexcel payback periodfifo equationfreight terms of fob shipping point mean that theretained earning balance sheetunrealized gain on income statementunderstanding bookkeeping basicshow to bookkeeping basicsfifo spreadsheet templatestraight line depreciation templatecalculation of creditor daysbookkeeping journalsmall business accounting excel templatedebtors ratio formulafunction pmtnominal annual ratepresent value of an annuity tablecalculate annuity formuladebtor turnoverrecording notes payablepayment voucher word formatfv excel functiondouble declining balance method depreciation calculatorprepaid expenses accounting treatmentwhat is retained profit in balance sheetaccounting cycle examplespercentage of accounts receivable methodsingle column cash book formatinventory sheets for small businessadvantages of payback methodcash flow to creditorconsumables in accountingprovision for expenses journal entrydepreciation expense calculatoraccumulated depreciation general ledgerjournal entry for outstanding expensespurpose of a flexible budgetoperating cash flow formula exceldisposal of asset not fully depreciatedtransactional analysis accountingcalculating irr on excelsales allowance journal entry