2.3.2 Flashcards
(7 cards)
1
Q
current assets
A
short term assets(less than a year)
2
Q
current liabilities
A
short term debts/loans(less than a year)
3
Q
non-current assets
A
long term assets(more than a year)
4
Q
non-current liabilities
A
long term debts/loans(more than a year)
5
Q
liquidity
A
how quickly a business can turn assets into cash
6
Q
current ratio
A
currents assets/current liabilities
7
Q
acid test ratio
A
current assets-stock/current liabilities
