The short term solvency of a company is determined with -...
The short term solvency of a company is determined with ------- ratio
Acid test
Gross profit margin
Debt to equity
Current
Correct answer is D
The current or working capital ratio is a test of a business's short-term solvency — its capability to pay its liabilities that come due in the near future (up to one year).
Which of the following belongs to the normal ledger? ...
The concept which states that assets are not to be recorded at their current market value is ...
Hussaina Enterprises sent goods worth #800,000 at cost plus mark-up of 20% to its branch What is ...
The accounting entry for depreciation at the end of each year is to debit ...
Trade creditors personal accounts are found in the ...
"Financial statements do not a disclose all information users need to know about a firm" T...
Which of the following is not an item in the profit and loss account? ...