Examlex
The acid-test ratio is a more stringent measure of liquidity than the cash ratio.
Indirect Method
A method of preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash from operating activities.
Accounts Receivable
Funds that customers owe to a business for goods or services that have been provided but remain unpaid.
Inventory
The raw materials, work-in-process products, and finished goods that a company holds for the purpose of sale in the near future.
Marketable Securities
Financial instruments that can be easily converted into cash, such as stocks, bonds, or treasury bills.
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