Accounting for IGCSE & O level - Advanced Principles (Section 6 - No. 11)
Which formula is used to compute the ‘quick ratio’?
(Current Assets – Inventory) / Current Liabilities
Current Assets / Current Liabilities
Profit after tax / Capital employed.
Sales / Average Inventory
Erläuterung
Quick Ratio = (Current Assets - Inventory) / Current Liabilities