President Trump didn't exactly boot Steve Bannon from his ruling circle of relatives and Wall Street hotshots he might like to have as relatives. True, he threw Bannon off the National Security Council in an abrupt manner. And he piled further indignity on the self-proclaimed architect of hiâ¦ Read more.
What is the 'Acid-Test Ratio'. The acid-test ratio is a strong indicator of whether a firm has sufficient short-term assets to cover its immediate liabilities. Commonly known as the quick ratio, this metric is more robust than the current ratio, also known as the working capital ratio, since it ignores illiquid assets such as inventory. Calculated by:
As the Mach number is defined as the ratio of two speeds, it is a dimensionless number. If M < 0.2â0.3 and the flow is quasi-steady and isothermal, compressibility effects will be small and a simplified incompressible flow equations can be used.