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What Is An Acid Test Ratio

The Acid test ratio also termed as the quick ratio is an effective indicator of how well a firm can handle its financial liabilities using the available short term assets. This metric measures the liquidity of the company by comparing the current assets in comparison to the current liabilities of the company.

What Is Bootstrapping?

You may have heard the tern bootstrapping. But what is it all about? Well, when it comes to business, bootstrapping refers to starting your business without any money or with a very small amount. It means that you have to get started with your business without taking any help from venture capital companies or any …