The acid test ratio is an excellent measure of how well a company can cover its short-term as we are only dealing with current assets which can be turned into cash immediately.
Using this simple and intuitive app, you can quickly get an exact calculation which shows the ratio.
Features include :
- Simple and easy to use interface.
- Quick form reset.
- Total assets and liabilities calculated.
- Ratio calculated to 2 decimal places.
Optimised for 3.5" and 4" screens.
- iPod Touch