State the meaning and significance of: (a) Quick Ratio; (b) Debtors Turnover Ratio; (c) Working Capital Turnover
Question:
State the meaning and significance of:
(a) Quick Ratio;
(b) Debtors Turnover Ratio;
(c) Working Capital Turnover Ratio;
(d) Gross Profit Ratio.
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a Quick Ratio The quick ratio also known as the acidtest ratio is a financial ratio that measures a companys ability to meet its shortterm obligations using its most liquid assets It is a more stringe...View the full answer
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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