Chapter 3

Financial ratios and accounting

Liquidity, depreciation and earned revenue

An explorable chapter on contractor business math: current and quick ratios, working capital, straight-line depreciation and percentage-of-completion revenue.

1. 3.1
   Current ratio, quick ratio, working capitalCan the company pay what is due this year?
2. 3.2
   Straight-line depreciationThe same amount every year
3. 3.3
   Percentage of completionEarn revenue as the costs come in

3 slider tasks · 2 practice sets · 8 questions