ACID-TEST RATIO Definition

Bookmark and Share

ACID-TEST RATIO is an analysis method used to measure the liquidity of a business by dividing total liquid assets by current liabilities.

Learn new Accounting Terms

UNQUALIFIED OPINION is an independent auditors opinion that a companys financial statements comply with accepted accounting procedures. See QUALIFIED OPINION.

SALE AND LEASEBACK is a financial transaction, where one sells an asset and leases it back for the long-term. 

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.