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 Meet your client’s expectation with #KDKGST Simple steps to file GSTR-3B and avoid mistakes This Year efile your #IncomeTax return with best Income Tax efiling Software About The Author Neha Parnami Add a Comment Cancel replyYour email address will not be published.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.