Quick Ratio | Acid Test | Formula | Example | Calculation
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myaccountingcourse.com
Quick Ratio | Acid Test | Formula | Example | Calculation
The quick ratio or acid test ratio measures the ability of a company to pay its current liabilities when they come due with only quick assets. Quick assets are current assets that can be converted to cash within 90 days or in the short-term.
Mar 25, 2023
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