Accounting for Business Terms with "Q"
Glossary of Accounting for Business - Glossario Contabilità Imprese
Glossary of Accounting for Business - Glossario Contabilità Imprese
Quick Ratio: a ratio for calculating the liquidity of a business. It is calculated as : - (Current Assets - Stock) ÷ Current Liabilities. This ratio is used to see the solvency of a company. It is also referred to as the "liquid ratio" or "acid-test ratio".
Quick Ratio: a ratio for calculating the liquidity of a business. It is calculated as : - (Current Assets - Stock) ÷ Current Liabilities. This ratio is used to see the solvency of a company. It is also referred to as the "liquid ratio" or "acid-test ratio".