Chapter 12 Flashcards by Lana Tomlin

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Financial Ratio

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

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Liquidity Ratios

measure ability to meet demands as the come up in future

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Good current ratio

2:1

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Quick assets

Cash
Short term investments
Acc receivable

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Good acide test ratio

1:1

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Chapter 12 Flashcards

(5 cards)