WAEC - Accounts Principles Of Accounts (2019 - No. 16)
Quick ratio is calculated as X-y:z, where
x= stock; y=current assets and z= long-term liabilities
x = current assets; y = debtors and z= current liabilities.
x=current assets; y= stock and z=current labilities
x= debtors; y= stock and z=current assets.
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