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Give one point of distinction between Current Ratio and Quick Ratio.

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

Basis of DistinctionCurrent RatioQuick Ratio
RelationshipIt Indicates relation between Current Assets and Current Liabilities.It indicates relationship between Quick Assets and Current Liabilities


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Previous PostWhy liquid ratio is considered more dependable than current ratio?
Next PostCan Current Ratio and Quick Ratio be same at any moment?

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