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the acquisition of a daily bank balance plus the current day's cash collections less possibly creditors and other payments results would put one in a better position to determine the day to day short term debts settlement.
what is the liquidity ratio and it formula?
Quick asset ratio still makes use of Current asset, I don't understand what makes it a quick ratio
what is the difference between Working Capital Ratio and Quick Ratio
What is a bank overdraft mentioned in the quick asset ratio?