Dr Maxwell Ampong explains Quick Ratio on 'Entrepreneur In You'

At some point, everyone has needed some quick cash for one thing or the other. While our Current Ratio is our Current Assets divided by our Current Liabilities, our Quick Ratio ratio measures how QUICK we can get our hands on some cash. The only difference in the formula for Quick Ratio from that of the Current Ratio is that your inventory is exempted from Current Assets. Dr Maxwell Ampong explains more on 'Entrepreneur In You' ???? Mondays & Thursdays on the JoyNews Prime & DStv Channel 421 at 8:00 PM, on the Joy Business Report Thursdays at 1:00 PM on Joy99.7FM, and also on our social media channels.