What are the liquidity, current and efficiency ratios?

Tutor's Answer

(Top Tutor) Studyfaq Tutor
Liquidity Ratio is to check if the organisation has enough money to pay the bills. In Liquidity ratios, we recognise the current ratio and acid test ratio (quick ratio). Current ratio. Purpose of it is to measure whether the business has sufficient current assets to cover payment of current liabilities. The ratio compares assets that will become liquid in less than 12 months with liabilities that are due in the same period. The current ratio...
Completed Work