Accountancy, asked by mayaanka, 7 hours ago

If INVENTORY IS NOT shown in balance sheet..wht to do ? How would the quick ratio be calculated in the absence of inventory.

Answers

Answered by vb5634724

2

Answer:

There are two ways to calculate quick ratio:

*QR = (Current Assets - Inventories - Prepaid Expenses) / Current Liabilities.

*QR = (Cash + Cash Equivalents + Marketable Securities + Accounts Receivable) / Current Liabilities.

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