Debt Ratio

If a person show you a home and tells that he is the owner of that home worth 2 Million dollars. After this statement you may ask the person “ Whether the home is 100 % self financed or you took money from bank or someone else?”. The person can either tell you that...

Quick Ratio or Acid Test Ratio

A quick ratio or acid ratio determine the company ability to meet its short term obligation by converting current assets into cash at short period of time of one month. The need of quick ratio arise to measure the liquidity of the company more accurately by...