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Percy Sowle
on Oct 09, 2024

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A company could improve its acid-test ratio by selling some equipment it no longer needs for cash.

Acid-Test Ratio

A stringent test that measures a company's ability to pay off its short-term liabilities with quick assets, excluding inventory.

  • Acquire knowledge on the basics of liquidity and transactional influences on it.
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BJ
Balu jishnu AbhijithOct 12, 2024
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