What is the ideal ratio and why is it the ideal ratio for acid test ratio, total asset turnover, account receivable turnover,day's sale uncollected, return on total assets, gross margin, profit margin, debt ratio, equity ratio, debt to equity ratio, price earning ratio and dividend yield?

Answer rating: 100% (QA)

1 Ideal Acid Test Ratio 11 If a firm has 11 ratio then the firm is able to pay off all quick assets with no liquidity problems ie without selling fixed assets or investments 2 Total Asset Turnover The... View the full answer