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Urgent pls help

Cost Accounts 856 views 3 replies

Hi frds,

quick ratio = liquid assets / current liabilities

does this liquid asset includes loans and advances also

Please reply

Replies (3)

quick assets= current assets-stock-prepaid expences

we do not include loans and advances ..

but current asset ll be inclusive of loans and advances no

 

only if loans and advances are for short term.


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