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In finance, the quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures the ability of a company to use near-cash assets (or 'quick' assets) to extinguish or retire current liabilities immediately. It is the ratio between quick assets and current liabilities. A normal liquid ratio is considered to be 1:1.
Financial analysts also employ the "acid test" nickname for the quick ratio method, which assesses the liquidity of a business. The term "acid test" took on a different meaning in the realm of experiences with the psychedelic drug LSD, [9] popularized by the Merry Pranksters. This association stems from the drug's colloquial name, "acid" (which ...
Quick ratio (also known as an acid test) or current ratio, accounting ratios used to determine the liquidity of a business entity; In accounting, the liquidity ratio expresses a company's ability to repay short-term creditors out of its total cash. It is the result of dividing the total cash by short-term borrowings.
Quick ratio, or acid-test ratio, a type of financial liquidity ratio; Acid Tests, parties in San Francisco in the mid-1960s centered on use of the drug LSD; See also
Brix is used in the food industry for measuring the approximate amount of sugars in fruits, vegetables, juices, wine, soft drinks and in the starch and sugar manufacturing industry. Different countries use the scales in different industries: In brewing, the UK uses specific gravity X 1000; Europe uses Plato degrees ; and the US use a mix of ...
For determining the acid value of mineral oils and biodiesel, there are standard methods such as ASTM D 974 and DIN 51558, and especially for biodiesel the European Standard EN 14104 and ASTM D664 are both widely used worldwide. [2] Acid value of biodiesel should be lower than 0.50 mg KOH/g in both EN 14214 and ASTM D6751 standard fuels.
President Donald Trump on Thursday took executive action to address FAA hires and aviation safety after an Army Black Hawk helicopter collided with a passenger jet in D.C.
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