Accountancy, asked by sagarvarthe99, 5 months ago

standard liquid ratio ?

Answers

Answered by Shubhamtupere

0

Answer:

1:1 is a standard liquid ratio

Explanation:

It is defined as the ratio between quickly available or liquid assets and current liabilities. Quick assets are current assets that can presumably be quickly converted to cash at close to their book values. A normal liquid ratio is considered to be 1:1.

Answered by kdeepak1501

0

Answer:

1:1

Explanation:

It is defined as the ratio between quickly available or liquid assets and current liabilities. Quick assets are current assets that can presumably be quickly converted to cash at close to their book values. A normal liquid ratio is considered to be 1:1.

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