Numerical Data Interpreting Flashcards
(3 cards)
1
Q
Acid test
What is bad?
What does this mean?
A
Below 0.7:1
Have to pay interest before can have money to self
2
Q
Gearing
Why is bad?
Why?
A
More than 50%
Have to pay interest
3
Q
Asset turnover
Higher or lower better?
A
Higher