| 单词 | acid test ratio |
| 释义 | acid test ratioDefinition Key measure of a firm's liquidity, it answers the question "Can this firm meet its current obligations from its liquid assets if suddenly all sales stop?" More stringent than 'current ratio,' it excludes inventories (typically the least liquid of current assets) to concentrate on the more liquid assets of the firm. Usually an acid test ratio of 1.0 or higher is considered satisfactory by lenders and investors. Also called acid ratio or quick ratio. Formula: (Current assets - inventory value) ÷ current liabilities. See also current ratio. Use 'acid test ratio' in a SentenceThe acid test ratio we were performing was going really well and I was looking forward to the next part of the process. You need to perform an acid test ratio on any new chemicals to make sure that they won't cause a bad reaction with the old. During the meeting, the manager mentioned the importance of conducting a regular acid test ratio to ensure that the company would always stay afloat as a business. |
| 随便看 |
|
英汉经管词典收录了27404条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。