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Is 1.67.1 acid-test ratio great, good,or bad?
The one with ratio 1.67:1. It'll be a good ratio.
Expert answered|Fanboy|Points 910|
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Asked 4/5/2012 7:08:43 PM
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Is 0.29.1 acid-test ratio great, good,or bad?
Weegy: Companies with ratios of less than 1 cannot pay their current liabilities and should be looked at with extreme caution. [ Furthermore, if the acid-test ratio is much lower than the working capital ratio, it means current assets are highly dependent on inventory. Retail stores are examples of this type of business. ] (More)
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Asked 4/5/2012 7:13:17 PM
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