My FAR Questions Flashcards by Diana Liu | Brainscape

Q

Quick Ratio

A

=(Cash + A/R) / Current Liabilities

A liquidity ratio

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Q

Acrid Test Ratio

A

Same as Quick Ratio

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Q

Inventory Turnover Ratio

A

= COGS / Avg Inventory

365 / X = turnover in days

A liquidity ratio

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Q

Receivables Turnover Ratio

A

= Net Credit Sales / Avg Receivables

365 / X = turnover in days

A liquidity ratio

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Q

Current Ratio is?

A

=Current Assets / Current Liabilities

A liquidity ratio

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