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State about the Quick ratio or acid test
Quick ratio = Current assets less inventories /Current liabilities(times)
This ratio measures immediate solvency of a business as it removes inventories out of the equation, which is item least representing cashitem, because it needs to be sold. Normal is around 1: 1 however this varies within different industries.
Suppose, you are working as an investment consultant in a consultancy firm and most of your clients are habitual investors, who are maintaining their own portfolios comprising of v
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discuss the applicability of operating cycle and any other financial management in poultry business in uganda
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