7.4.2—Acid test ratio
- Syllabus
- 0264–2027–2028
- Objective
- 7.4.2
- Level
- —
7.4.2—Acid test ratio
- Acid test ratio = Current assets - inventory : current liabilities, or (current assets - inventory) / current liabilities. Answer can be presented as a ratio : 1 or as a number.
ConceptIGCSE Business Studies