Quick Ratio: Definition, Formula, Uses -
quick ratio The quick ratio calculator is a great tool to help you calculate the value of a quick ratio A quick ratio of 1 or above indicates that the company has sufficient liquid assets to satisfy its short-term obligations An extremely high
Quick Ratio Analysis Definition The quick ratio, defined also as the acid test ratio, reveals a company's ability to meet short-term operating needs by Cash $ 20,000 $10,000 Accounts receivable 100,000 70,000 Inventory 70,000 80,000 Other 20,000 20,000 **42 McKeon Company's debt-to-total-asset ratio at 12
Ratio 3 Times, Gross Profit Ratio 25%, Cash Sales being 33-13% of Credit Sales, Stock at the end was 3 times that in the beginning Receivables at the end The Quick Ratio Formula Quick Ratio = Current liabilities where Marketable