help required in accounting ratios

[Muhammad Adnan Arshad]

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)


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madnan_arshad@hotmail.com