Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Quick Ratio can be computed as under:

<p>(a) Quick . Assets/Quick Liabilities</p> <p>(b) Quick . Liabilities Current Assets</p> <p>(c) Current Assets/ Current Liabilities</p> <p> </p>

user-image
Question added by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh
Date Posted: 2014/09/24
salah khiri
by salah khiri , محاسب عام , شركة رضايات التجارية المحدودة

Answer (C)  

But current assets should be - inventory / Current liabilities 

Mohammed  Mohammed
by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store

Agreed with Mr.Jamal's answer

Jamal Najamuddin
by Jamal Najamuddin , Assistant Manager Audit , Punjab Saaf Pani Company

Most appropriate answer is Quick Assets / Current Liablities

Quick ratio can be computed as under

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Rate similar to the rate of acute liquidity trading except that it provides a more accurate test of short-term liquidity. The prepayments and warehouse spare parts and inventory may not have a high liquidity. For this reason, the current assets less liquid excluded from the numerator. =

Monetary + securities are readily convertible into cash + debits

  Current liabilities

Answer the question of health C

More Questions Like This