Which of the following ratios is also known as acid test?
A) Current Ratio
B) Debt Ratio
C) Asset Turnover Ratio
D) Inventory Turnover Ratio
E) Quick Ratio
Correct Answer:
Verified
Q89: Calculate the debt ratio from the following
Q90: Return on assets = _
A) Current Assets/Current
Q91: Karzon Ltd., a car manufacturing company, calculated
Q92: With reference to profitability, Net margin =
Q93: In the context of financial controls, asset
Q95: _ = Current Assets/Current Liabilities
A) Acid Test
B)
Q96: Calculate net margin from the following information.
Q97: Calculate the current ratio from the following
Q98: Acid Test = _
A) Net Income/Total Assets
B)
Q99: Calculate the quick ratio from the following
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