The acid test is the same as the liquidity ratio but without stock because: (a) stock is

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The acid test is the same as the liquidity ratio but without stock because:

(a) stock is the most difficult to turn into cash quickly

(b) stock costs extra to store

(c) stock can be sold quickly in a sale

(d) stock may become obsolete

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How To Talk Finance Getting To Grips With The Numbers In Business

ISBN: 9781292074382

1st Edition

Authors: Ted Wainman

Question Posted: Jun 03, 2024 03:00 AM

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The acid test is the same as the liquidity ratio but without stock because: (a) stock is

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How To Talk Finance Getting To Grips With The Numbers In Business

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