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In finance, the quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures the ability of a company to use near-cash assets (or 'quick' assets) to extinguish or retire current liabilities immediately. It is the ratio between quick assets and current liabilities. A normal liquid ratio is considered to be 1:1.
Quick ratio (also known as an acid test) or current ratio, accounting ratios used to determine the liquidity of a business entity; In accounting, the liquidity ratio expresses a company's ability to repay short-term creditors out of its total cash. It is the result of dividing the total cash by short-term borrowings.
An acid test is a qualitative chemical or metallurgical assay utilizing acid. Historically, it often involved the use of a robust acid to distinguish gold from base metals . Figuratively, the term represents any definitive test for attributes, such as gauging a person's character or evaluating a product's performance.
In gastroenterology, esophageal pH monitoring is the current gold standard for diagnosis of gastroesophageal reflux disease (GERD). It provides direct physiologic measurement of acid in the esophagus and is the most objective method to document reflux disease, assess the severity of the disease and monitor the response of the disease to medical or surgical treatment.
If boric acid (or some other weak acid) was used, direct acid–base titration is done with a strong acid of known concentration. HCl or H 2 SO 4 can be used. Indirect back titration is used instead if strong acids were used to make the standard acid solution: strong base of known concentration (like NaOH) is used to neutralize the solution. In ...
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A strong acid will react with a weak base to form an acidic (pH < 7) solution. A weak acid will react with a strong base to form a basic (pH > 7) solution. These indicators are essential tools in chemistry and biology, aiding in the determination of a solution's acidity or alkalinity through the observation of colour transitions. [10]
The Henderson–Hasselbalch equation can be used to estimate the pH of a buffer solution by approximating the actual concentration ratio as the ratio of the analytical concentrations of the acid and of a salt, MA. The equation can also be applied to bases by specifying the protonated form of the base as the acid.