Examlex
A nursing executive is comparing the entire hospital financials for the month and notes that the medical laboratory's revenue is higher than environmental services. What is a possible explanation?
Quick Ratio
A liquidity measure that indicates a company's ability to cover its short-term liabilities with its most liquid assets, excluding inventories.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year by comparing current assets to current liabilities.
Account Receivable
Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Return on Equity
A measure of a corporation’s profitability that reveals how much profit a company generates with the money shareholders have invested.
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