The current ratio can be calculated by dividing quick assets (current assets minus inventory) by current liabilities. This ratio is also known as the quick ratio or acid test. Regarding current ...

The company voluntarily submitted its petition in the U.S. Bankruptcy Court for the District of Delaware and is now seeking court approval to auction off its assets under Section 363 of the U.S ...

With dwindling cash on hand, its leaders are seeking a relatively fast sale of its assets. The long-troubled Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday. News from ...