The quick ratio, also known as acid test ratio, measures the liquidity of a company. It calculates the proportion of a company’s current assets to its current liabilities. The quick ratio is used to determine a company’s ability to meet short-term obligations with liquid assets that can be easily converted into cash. The quick ratio… The post What is the Quick Ratio? appeared first on . from http://fitsmallbusiness.com/what-is-the-quick-ratio/
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AuthorHello I am Teri Crawford 26 years old living in Toronto, Canada. I have recently finished my MBA and planning to start my own business. Archives
November 2018
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