If a company has positive working capital, will its current ratio always be greater than 1? Explain.

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Accounting

ISBN: 978-0324188004

21st Edition

Authors: Carl s. warren, James m. reeve, Philip e. fess

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Question Posted: Nov 05, 2012 01:21 AM

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If a company has positive working capital, will its current ratio always be greater than 1? Explain.

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Working capital is a financial metric that represent ...View the full answer

Accounting

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