January 13, 2015 Acid test A stern measure of a company’s ability to pay its short term debts, in that stock is excluded from asset value. (liquid assets/current liabilities) Also referred to as the Quick Ratio. Related Posts Accountants must for E-way bill generation in tally Still searching for a Perfect #GST Solution, Choose #KDKGST a Comprehensive #Invoice to GST #Compliance Solution Our Commitment – Bringing Happiness to your face & make you deal rough times like a Champ. About The Author Neha Parnami Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment:*Name:* Email Address:* Website: This site uses Akismet to reduce spam. Learn how your comment data is processed.