Ratios Flashcards
1
Q
What is the acid test ratio
A
(Asset-inventory)/liabilities
2
Q
What is the current ratio
A
Current assets/current liabilities
3
Q
What is the gearing ratio
A
liabilities/shareholder equity
What is the acid test ratio
(Asset-inventory)/liabilities
What is the current ratio
Current assets/current liabilities
What is the gearing ratio
liabilities/shareholder equity