quick ratio formula

What are Liquidity Ratios? – Current Ratio, Meaning, Formula and Implications

Created April 11, 2021
Author Deepika Khude
Reading Time: 6 minutes

Do you remember this scene from the movie Phir Hera Pheri? Akshay Kumar’s character roams around the city with a 1,000 rupee note. Everyone around him thinks he is rich. However, he cannot even buy a bus ticket! His Rs 1,000 looks good only on paper. In reality, he has zero liquidity! Liquidit...

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