Quick Ratio Formula

quick ratio  The ideal quick ratio depends on the industry and the business The quick ratio is also called the acid-test ratio because it only considers assets that can be The quick ratio is also known as the acid test It measures the most easily liquidated portions of the current assets against the current liabilities

Quick Ratio measures the ability of your organization to meet any short-term financial obligations with assets that can be quickly converted into cash  QA = Quick assets; CL = Current liabilities; CA = Current assets QA = x CL QA = x Rs 60,000 QA = Rs 1,08,000 CA = x CA CA = x Rs 60,000

Quick Ratio Quick ratio The quick ratio reflects a business's ability to make bill and loan payments in the short term The quick ratio (also