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Financial Accounting > Chapter 12 > Flashcards

Chapter 12 Flashcards

1
Q

Financial Ratio

A

The measurement of relative magnitude between two values taken from financial statements

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2
Q

Liquidity Ratios

A

measure ability to meet demands as the come up in future

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3
Q

Good current ratio

A

2:1

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4
Q

Quick assets

A

Cash
Short term investments
Acc receivable

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5
Q

Good acide test ratio

A

1:1

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Financial Accounting (10 decks)

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