The acid-test ratio and current ratio are two widely used ways to measure a company’s ability to meet short-term liabilities. They differ in how they define liquid assets.

How well can current assets cover current liabilities? Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Amy is an ACA and ...

For the best experience, please enable JavaScript in your browser settings. Other contentious proposals include raising income tax from the current 30 per cent to 35 ...