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Should an acid-test ratio increase or decrease?
ok
Why quick acid ratio is called acid test ratio?
Acid-test or Quick Ratio measures the ability of a company to use its cash or near cash assets to extinguish or pay-off its current liabilities immediately. Near cash assets are those that can be quickly converted to cash at close to their book values.Formula:ATR = (Current Assets - (Inventories + Prepayments)) / Current LiabilitiesA company with a quick ratio of less than 1 cannot currently pay-off all its current liabilities. Any good company would want to maintain their acid test ratio to be greater than 1 at all times.
What will happened if Hydrochloric acid is used instead of sulfuric acid in molisch test?
Hydrochloric contains a high ratio of water so two different layers are not formed and a brown colouration is produced rather than a brown ring.
What will happen when an acid of low pH is combined with some base of high pH in a test tube?
when acid reacts with a base it will be a base
What acid do you use for the acid test?
what acid do you use to test gold
What is a measure of liquidity?
the two ratios that measure liquidity is acid test and current ratio. the acid test ratio is current assets- stock/ current liabilities the current ratio is current assets/ current liabilities
300000 current assets 100000 current liabilities and inventory of 150000 what is the acid test ratio?
acid test ratio = quick assets / current liabilitiesacid test ratio = 150000 / 100000acid test ratio = 150 %
An example of liquidity ratio is the?
current ratio and acid test ratio are examples of liquidity ratios'. current ratio is current asset's/ current liabilities. acid test ratio is current assets- stock / current liabilities.
Another name for the acid test ratio is?
Other names are the quick ratio ot the liquid ratio
Should an acid-test ratio increase or decrease?
ok
What test is useful in diagnosis of gout?
It is a test for uric acid. High Uric acid in he blood can lead to the formation of uric acid crystals which are responsible for the pain.
What blood test indicates high uric acid?
"The ''uric acid test" is ordered if the doctor suspects high levels of uric acid''
What is the ideal acid test ratio?
some where between 1 to 1.5
Why quick acid ratio is called acid test ratio?
Acid-test or Quick Ratio measures the ability of a company to use its cash or near cash assets to extinguish or pay-off its current liabilities immediately. Near cash assets are those that can be quickly converted to cash at close to their book values.Formula:ATR = (Current Assets - (Inventories + Prepayments)) / Current LiabilitiesA company with a quick ratio of less than 1 cannot currently pay-off all its current liabilities. Any good company would want to maintain their acid test ratio to be greater than 1 at all times.
The acid test ratio does not include 1cash 2accts receivable 3supplies 4inventory?
D
What does the acid test ratio not include cash or accounts receivable or supplies or inventory?
inventory
What will happened if Hydrochloric acid is used instead of sulfuric acid in molisch test?
Hydrochloric contains a high ratio of water so two different layers are not formed and a brown colouration is produced rather than a brown ring.
