What is the quick or acid test ratio? How does the quick or acid test ratio differ
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What is the quick or acid test ratio? How does the quick or acid test ratio differ from the current ratio? What would be a better measure of liquidity for a jewellery store, the quick ratio or the current ratio? Explain. What would be a better measure of liquidity for a mine holding a large inventory of gold bouillon, the quick ratio or the current ratio? Explain.
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