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 Conditions to claim the Input Credit Tax under GST Which ITR form should an individual file? Index Fund About The Author Neha Parnami Add a Comment Cancel replyYour email address will not be published.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.