Examlex
To balance the scorecard, organizations should also select
Acid-test Ratio
A stringent indicator that determines whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory.
Quick Assets
Assets that can be quickly converted into cash without a significant loss in value, including cash, marketable securities, and accounts receivable.
Current Liabilities
Obligations or debts that a company must pay within one year or within its operating cycle if longer.
Gross Margin Ratio
A financial ratio that measures a company's financial health, calculated by subtracting the cost of goods sold from net sales and dividing by net sales.
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