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    solidsnake's Avatar
    solidsnake Posts: 1, Reputation: 1
    New Member
     
    #1

    Jul 24, 2010, 11:01 PM
    If A Company Has An Acid Test Ratio Of 0.95 And Its Current Assets Consist Of Cash, A
    Is there a formula to determine the value of the inventory from an acid test ratio of 0.95?
    rehmanvohra's Avatar
    rehmanvohra Posts: 739, Reputation: 27
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    #2

    Jul 24, 2010, 11:16 PM
    The difference between the current ratio and the acid test ratio should help you determine the value of inventory.

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