Now go to the Extel data and find the stock figure for the third column. Subtract that from the current assets figure to get column 4. Current assets - stock Current liabilities Use this formula to get the final figure for the acid test ratio in column 6. Step 4 - Further work Choose 5 companies from the same industry and write a full report for a potential investor about the firms' liquidity position. Permission is granted for use for academic purposes only.
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