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What are the differences between Current Ratio and Quick Ratio? - Accounts

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What are the differences between Current Ratio and Quick Ratio?

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उत्तर

  Basis of Difference Current Ratio Quick Ratio
1. Relationship It indicates the relationship between Current Assets and Current Liabilities. It indicates the relationship between Quick Assets and Quick Liabilities.
2. Formula for computation `"Current Ratio"="Current Assets"/"Current Liabilities"` `"Current Ratio"="Current Assets"/"Quick Liabilities"`
3. Objective It measures the ability of an enterprise to meet its current liabilities as and when they fall due for payment over a period normally within one year. It measures the ability of enterprise to meet its quick liabilities without relying on the sale of inventories.
4. Ideal Standard 2:1 1:1
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पाठ 15: Project Work - PROJECT WORK PROBLEMS [पृष्ठ P-64]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 15 Project Work
PROJECT WORK PROBLEMS | Q 36. | पृष्ठ P-64
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