01-23-2006, 05:55 PM
Consult following books to clarify your concepts relating to accounting ratios. Also learn by heart (in good) the related formula of accounting ratios.
PAC Past Papers (FAC2);
Frankwood Vol I, II;
M.A. Ghani (Accounts);
NOTE
Quick Ratio = (Current Assets-Stock-in-Trade)/(Current Liabilities)
A/Cs' Receivables Turnover = Sales/A/Cs' Receivables (Perhaps)
«·´`·.(*·.¸(`·.¸ ¸.·´)¸.·*).·´`·»
«.......... A D N A N ...............»
«·´`·.(¸.·*(¸.·´ `·.¸)*·.¸).·´`·»
[email protected]
PAC Past Papers (FAC2);
Frankwood Vol I, II;
M.A. Ghani (Accounts);
NOTE
Quick Ratio = (Current Assets-Stock-in-Trade)/(Current Liabilities)
A/Cs' Receivables Turnover = Sales/A/Cs' Receivables (Perhaps)
«·´`·.(*·.¸(`·.¸ ¸.·´)¸.·*).·´`·»
«.......... A D N A N ...............»
«·´`·.(¸.·*(¸.·´ `·.¸)*·.¸).·´`·»
[email protected]
