Which of the following ratios is incorrectcurrent ratio, Ask an Expert

Finance

Which of the following ratios is incorrect?

Current ratio= current assets/ current liabilities

Quick ratio= (current assets-inventory) /current liabilities

Inventory turnover= (cost of goods sold)/ inventory

Days sales outstanding= 365/ accounts payable turnover

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91584085

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