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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.
For a corporation with a published balance sheet there are various ratios used to calculate a measure of liquidity. [1] These include the following: [2] The current ratio is the simplest measure and calculated by dividing the total current assets by the total current liabilities. A value of over 100% is normal in a non-banking corporation.
The iPhone 15 and iPhone 15 Plus are smartphones developed and marketed by Apple. They are the seventeenth generation of iPhones, succeeding the iPhone 14 and iPhone 14 Plus. The devices were announced on September 12, 2023, during the Apple Event at Apple Park in Cupertino, California alongside the higher-priced iPhone 15 Pro and 15 Pro Max ...
QuickTime Graphics is a lossy video compression and decompression algorithm developed by Apple Inc. and first released as part of QuickTime 1.x in the early 1990s. [1] The codec is also known by the name Apple Graphics and its FourCC SMC. [2] [1] The codec operates on 8-bit palettized RGB data. [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.
Compared to another AI giant, Nvidia-- which never had a forward P/E of more than 51 and a P/S of 46 during its run since 2023, despite growing sales more than 200% year over year -- this seems a ...
iOS 16 is the sixteenth major release of Apple's iOS mobile operating system for the iPhone.It is the successor of iOS 15, and was announced at the company's Worldwide Developers Conference (WWDC) on June 6, 2022, alongside iPadOS 16, [3] and released on September 12, 2022.
Q4 gross margin reached 59.9% at the top end of our internal expected range, resulting in a full year gross margin of 59.6%, a 190-basis point increase over 2023, and nearly double our improvement ...