The short term solvency of a company is determined with -...
The short term solvency of a company is determined with ------- ratio
Acid test
Gross profit margin
Debt to equity
Current
Correct answer is D
The current or working capital ratio is a test of a business's short-term solvency — its capability to pay its liabilities that come due in the near future (up to one year).
The authority to incur expenditure to address natural disaster is contained in ...
N Bank account 59,410 Capital account 50,000 Purchase account 20,000 Rent 2,500 Stationery 90 ...
Provision for discount on debtor on debtors is to be ...
Which of the following is not part of the cost of production ...
Segun Ojo didn’t keep her books on double principle. On 1st Jan, 2014, cash in hand was 850, b...
The basic role of accounting is to? ...
Expenditure incurred to maintain an asset's earning capacity is called ...
\(\begin{array}{c|c} & Le\\ \hline \text{Construction and hospital wards} & 300,000\\ \text{...
If the gross profit margin is 10% of sales, what is the value of the cost of goods sold? ...