The quick acid test ratio measures the ability of a business to pay off its current liabilities without having to sell its stock. The ratio should not fall below 1:1. | Business venture
Title
The quick acid test ratio measures the ability of a business to pay off its current liabilities without having to sell its stock. The ratio should not fall below 1:1.
%title
The quick acid test ratio measures the ability of a business to pay off its liabilities without selling stock. It should not fall below 1:1.
Subject:
- Business Studies
Category:
- Business venture