quick (acid-test) ratio

 

 

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quick (acid-test) ratio

 

Finance dictionary of financial terms

 

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Economics and finance

 

Definition of quick (acid-test) ratio

 

quick (acid-test) ratio: A measure of liquidity calculated by dividing the firm’s current assets minus inventory by current liabilities.

 

Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc

link: http://foba.lakeheadu.ca/

Author : not indicated on the source document of the above text

 

Finance dictionary of financial terms

 

Finance dictionary of financial terms index

 

 

Definition and meaning of quick (acid-test) ratio

 

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