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).
Impersonal Accounts contain ...
An event that will not require a change in the profit-sharing ratio of partners in a firm is wh...
A loss made on the disposal of a fixed assets is debited to ...
Aminu and Sons credit purchases (Extract] as at February 1996. Feb 1Credit balances 40, 000 Debi...
Adamu Stores bought accessories from Mu'azu Beverages for N400 on credit. A trade discount of 10...
Which of the following is not a method of charging goods to the branch by its head office? ...