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Quick Ratio.

Forums › ACCA Forums › ACCA FM Financial Management Forums › Quick Ratio.

  • This topic has 0 replies, 1 voice, and was last updated 14 years ago by vedavyas.
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  • May 14, 2011 at 11:43 am #46493
    vedavyas
    Member
    • Topics: 44
    • Replies: 60
    • ☆☆

    This doubt is from page 70 of the BPP Text, under 5.2 2nd para.
    ” For Companies with a fast inventory turonver ratio, a quick ratio can be less than 1 without suggesting that the company is in cash flow difficulties. “
    I don’t udnerstand the meaning of this sentence.
    Please Help . . .

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