Civil Engineering - Engineering Economy - Discussion

Discussion Forum : Engineering Economy - Section 1 (Q.No. 2)
2.
The ratio obtained by dividing 'quick assests' by current liabilities is called
Turnover ratio
Acid test ratio
Solvency ratio
None of these.
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
1 comments Page 1 of 1.

Rameshwar said:   7 years ago
The quick ratio is calculated by adding cash, cash equivalents, short-term investments, and current receivables together then dividing them by current liabilities. Sometimes company financial statements don't give a breakdown of quick assets on the balance sheet.

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