Exam (elaborations)
WGU C201 Business Acumen Chapter 15 & 16: Accounting and Financial Statements - Ratios Rated 100% Correct!!
- Course
- Institution
Current assets / current liabilities - Current Ratio Current assets - minus inventory / current liabilities - Acid Test (Quick) Ratio Current assets $250 Inventory $20 Current Liabilities $100 250-20=230 230/100=2.2 $2.20 assets for every $1 in liabilities Acid Test (Quick) Ratio and Curren...
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