Series 65: Acid Test Ratio

Taken from our Series 65 - NASAA Uniform Investment Advisor Law Exam

Definition of the term Acid Test Ratio...

a measure that compares a company's current assets (not counting inventory) against its current liabilities.

Since you're reading about Series 65: Acid Test Ratio, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 65
Please Enable Javascript
to view this content!