# PcM Virtual Workshop 9.29.24

**URL:** <https://community.blackspectacles.com/t/pcm-virtual-workshop-9-29-24/6130>\
**Category:** Practice Management\
**Tags:** virtual-workshop\
**Created:** [October 7, 2024, 7:56am UTC](https://community.blackspectacles.com/t/pcm-virtual-workshop-9-29-24/6130 "2024-10-07T07:56:56Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![thomastumelty](https://blackspectacles.com/uploads/images/9.png) [@thomastumelty](https://community.blackspectacles.com/u/thomastumelty)\
**Post date:** [October 7, 2024, 7:56am UTC](https://community.blackspectacles.com/t/pcm-virtual-workshop-9-29-24/6130/1 "2024-10-07T07:56:56Z")

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Hello ARE Community!

We wanted to follow up on something that came up during the PcM virtual workshop on 9.29.24. There was a question about the current ratio. We wanted to clarify the ratio here since there is a small typo in our slides (that we have corrected moving forward). Please see below is the formula for the current ratio:

Current Ratio = Total Assets / Total Liabilities (per “Firm Financials: Balance Sheet” Black Spectacles video and AHPP page 418).

Let us know if you have any follow up questions!

All the best,  
Thomas