In this blog we are going to discuss about quick ratio definition.Also to know more about ratio see the given link ratio formula.
Quick ratio is one of the most valuable topic in commerce maths. Quick ratio is victimised for the planning of assort short-term slant. By using the liquid asserts we can healthy to cypher the short-term asserts. The damage included in this Quick ratio is underway assert, inventories and flowing liabilities. In this article, we are exploit to see most the quick ratio with many examples and practices.
Formula to Define quick ratio:
Quick ratio = CA-I/CL
Where,
- CA = Current Assert
- I = Inventories
- CL = Current Liabilities.Next time we will see some solved example on this concept.
No comments:
Post a Comment