Ratios that measure the companys ability to pay current liabilities.
Measures a company's liquidity or ability to pay
Acid Test (Quick)
Problem R-1 Computing Ratios: Liquidity Ratios and Turnover
The R Corporation, a merchandising business, has been in business for several years. Following
are selected data for the R Corporation:
Compute the following for 20x2 and 20x1