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Question Pool Accounting > Liquidity Ratios > Flashcards

Liquidity Ratios Flashcards

1
Q

Whats the formula of the current ratio?

A

Current Assets / Current Liabilities

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2
Q

Whats the formula of the acid-test ratio?

A

(Cash+Short-term investments+Accounts receivable) / Current liabilities

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3
Q

Whats the formula of the accounts receivable turnover?

A

Net credit sales / Average net accounts receivable

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4
Q

Whats the formula of inventory turnover?

A

COGS / Average Inventory

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Question Pool Accounting (16 decks)

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