Quick ratio or acid test ratio=
(Cash+marketable securities+net receivable)/current liabilities
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Liquidity ratio
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Economics
A discipline that deals with the factors affecting the production, distribution and consumption of goods and services. It can be widely classified to microeconomics and macroeconomics.
Macroeconomics is the study of factors affecting economy as a whole such as inflation, interest rate, GDP etc, whereas, microeconomics is the study of income/expenses of individuals or households.
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