Distinguish between Current Ratio and Quick ratio. Why Quick Ratio is considered to be more dependable than
Question:
Distinguish between Current Ratio and Quick ratio. Why Quick Ratio is considered to be more dependable than Current Ratio? Specify.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Zero To Mastery In Accounting Become A High Level Accounting Manager
ISBN: 9789392475177
1st Edition
Authors: HECTOR ROBINETT
Question Posted:
Students also viewed these Business questions
-
(1) Financial Ratios Referencing this week?s readings and lecture, what are the limitations of financial ratios? Classify your answer into at least the following categories: liquidity ratios,...
-
Hello. I'm looking for an accounting major to check my homework please. The excel sheet are my answers in (blue). I've uploaded the homework questions in Word doc and answers are on the excel doc....
-
just only 2 questions ,please read the requirment word by word and be careful about the style of the reference(APA) , file 3.1 is for question 2..BTW,please focus the every step FINANCE SPOTLIGHT...
-
Suppose you own an outdoor recreation company and you want to purchase all-terrain vehicles (ATVs) for your summer business and snowmobiles for your winter business. Your budget for new vehicles this...
-
Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system). 1. Sold $16,000 of merchandise that cost $7,000, on MasterCard credit...
-
12. Accrual for product warranty liability could result in Future Future Taxable Amounts Deductible Amounts a. Yes Yes b. Yes No c. No Yes d. No No 13. Subscriptions received in advance could result...
-
M Ltd. is the manufacturer of a low-end consumer durable N. In order to modernise the manufacturing facility, M Ltd. wants to buy a new machinery costing `10,00,000 at cash price. The annual Cash...
-
Savoie Lte. is a manufacturer of specialized industrial machinery seeking to diversify its operations. After protracted negotiations, the directors decided to purchase the assets and liabilities of...
-
On January 1, 2021, GGG, Inc. purchased an equipment for P10,400,000. Residual value was P800,000 and useful life was for 10 years. On December 31, 2024, the equipments replacement cost had increased...
-
Explain the procedure of measuring short-term solvency of a business through the ratio analysis.
-
What is ratio analysis? Explain its objectives and limitations.
-
1 What features of the present form correspond to the organic model?
-
The actual selling expenses incurred in March 2022 by Carla Vista Company are as follows: Variable Expenses Fixed Expenses Sales commissions Advertising $14,576 Sales salaries $34,700 12.174...
-
Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,235,740, accounts payables worth $4,160,391, inventory of...
-
Hooray Company has been manufacturing 12,000 units of Part A which is used to manufacture one of its products. At this level of production, the cost per unit is as follows: Direct materials P 4.80...
-
At the beginning of the period, the Grinding Department budgeted direct labor of $171,200 and property tax of $57,000 for 10,700 hours of production. The department actually completed 12,800 hours of...
-
The following information is available for Shamrock Corporation for the year ended December 31, 2025. Beginning cash balance $ 58,500 Accounts payable decrease 4,810 Depreciation expense 210,600...
-
When benzyl tosylate is heated in methanol, the product is benzyl methyl ether. When bromide ion is added to the reaction, the reaction proceeds at exactly the same rate, but the product is now...
-
Write the binomial probability in words. Then, use a continuity correction to convert the binomial probability to a normal distribution probability. P(x 110)
-
All questions go together Questions 4-6 (of 7) The following information applies to the questions displayed below You have just been hired as a financial analyst for Lydex Company, a manufacturer of...
-
using the direct method of support department cost Allocation determine the total cost of each production department, after allocating all support cost to the production departments question 2....
-
You estimate that your cattle farm will generate $ 1 million of profits on sales of $ 6 . 0 million under normal economic conditions and that the degree of operating leverage is 8 . What will profits...
Study smarter with the SolutionInn App