FRQuickRatio

FRQuickRatio(Number curAssets, Number inventories, Number curLiabilities)

This function computes the quick ratio.

Parameters

• curAssets - A Double value indicating the current assets.
• inventories - A Double value indicating the inventory.
• curLiabilities - A Double value indicating the current liabilities.

Return value

The return value is a Number.

Example

If the current assets are 1800000.00, the inventory is 165000.00, the current liabilities are 150000.00, the return value of the following statement is 10.90.

FRQuickRatio(1800000.00, 165000.00, 150000.00)