⟩ Tell me what is the equation for Acid-Test Ratio in accounting?
The equation for Acid-Test Ratio in accounting
Acid-Test Ratio = (Current assets – Inventory) / Current Liabilities
Question and Answer:
Home Management Accountant
- Share
Popular Answers:
* There is no answer to the above question yet.
More Questions for you:
Explain what are the accounting events that are frequently involved in compound entries?
Do you know retail banking?
Explain me what is important to effective market analysis?
Explain me fair value accounting?
Explain some of the accrued expenses and the accounts in which you would record them?
Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?
Tell me what is the difference between accumulated depreciation and depreciation expense?
Do you know what Qualities and Skills Make An Account Manager Successful?
Tell me why did you select accounting as your profession?
Tell me the meaning of long-term notes payable is or long term liabilities?
