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Q: Which age group of children are included in net attendance ratio?
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Why is the quick ratio a more refined liquidity measure than the current ratio?

Yes, quick ratio only incorporates those assets which immediately can be converted into cash like cash, marketable securities etc. and not included debtors or inventory


How do you define the default accounts to generate a quick ratio in Sage Line 50?

Whenever you update Sage they decide what accounts should be included in your Quick Ratio. Very annoying. Or if you are starting from scratch and want to change the accounts to be included, its very easy. Go to COMPANY then FINANCIALS and select RATIO from menu bar. Select any account that you don't want and just hit the DELETE button. To add accounts just select an empty cell in the N/C Ref column and use the Drop Down arrow to select which account you want included. Simplz


Why are lease payments included in numerator of fixed charge coverage ratio?

because lease payment is deducted as expenses in profit and loss statement. So while calculating this ratio again we have to add it to earnings before interest and tax


Is owner's capital included in debt ratio calculation?

No, it does not. The debt ratio measures the ability to pay for both current and long term debts. This is calculated by dividing total liabilities over total assets. Owner's capital OS part of stockholders' equity.


What is the meaning of the term current ratio?

Current Ratio is an indicator of a firm's ability to meet short-term financial obligations, it is the ratio of current assets to current liabilities. Though every industry has its range of acceptable current-ratios, a ratio of 2:1 is considered desirable in most sectors. Since inventory is included in current assets, acid test ratio is a more suitable measure where saleability of inventory is questionable. Formula: Current assets divided by Current liabilities.Refer to link below