Hi frds,
quick ratio = liquid assets / current liabilities
does this liquid asset includes loans and advances also
Please reply
3 Replies
Ganeshbabu K
(Audit and Tax Advisory)
(48564 Points)
Replied 21 July 2012
quick assets= current assets-stock-prepaid expences
we do not include loans and advances ..
CA Shilpa B B
(Student)
(132 Points)
Replied 21 July 2012
but current asset ll be inclusive of loans and advances no
Vineet Goyal
(Assistant Manager - Finance & Accounts)
(702 Points)
Replied 22 July 2012
only if loans and advances are for short term.
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