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The most frequently used ratio in financial statement analysis. This comparison measures a company's ability to meet short-term obligations from its liquid assets. The number
The most frequently used ratio in financial statement analysis. This comparison measures a company's ability to meet short-term obligations from its liquid assets. The number of times that current assets exceed current liabilities has long been a measure of financial strength: Acid test ratio Working capital Ratio Days Sale Outstanding (DSO) Gross profit Ratio
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
