If A Company Has An Acid Test Ratio Of 0.95 And Its Current Assets Consist Of Cash, A [Archive]

solidsnake

Jul 24, 2010, 11:01 PM

Is there a formula to determine the value of the inventory from an acid test ratio of 0.95?

rehmanvohra

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.