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Accounting

Peeny101 · 2006-03-19 19:46:56

Hey, I was just wondering on the Interpretation question of the paper, is the Quick ratio the same as the current ratio or the acid test ratio? Thanks

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19-03-2006 8:46pm

#1

Peeny101

Closed Accounts Posts: 1 ✭

Join Date: March 2006

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Hey,
I was just wondering on the Interpretation question of the paper,
is the Quick ratio the same as the current ratio or the acid test ratio?

Thanks

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#2 19-03-2006 9:03pm
SirCretop

Registered Users Posts: 112 ✭✭

Join Date: November 2005

Posts: 84

quick ratio = acid test ratio

current ratio = working capital ratio

I think anyways...

____________________________________

http://theconvoyseptictank.blogspot.com

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#3 19-03-2006 9:07pm
casanova_kid

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Posts: 821

current ratio is current assets: current liabilities
quick ratio is currentassets-closing stock:current liabilities

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