

Engineering Economy - Engineering
Q1: Current assests less inventories divided by current liabilities is known asA
Liquidity ratio
B
Current ratio
C
Acid-Test (or Quick) ratio
D
Debts ratio
ANS:C - Acid-Test (or Quick) ratio Guys read the question carefully, as it say acid test ratio or quick ratio= (Current assests less inventories) / current liabilities. |


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