A company has a current ratio of 1.25 but an acid-test (or quick) ratio of only 0.65.
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A company has a current ratio of 1.25 but an acid-test
(or quick) ratio of only 0.65. How can this difference in the two ratios be explained? What concerns might you have about this company? (Appendix)
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Related Book For
Financial Accounting The Impact On Decision Makers
ISBN: 9780324655230
6th Edition
Authors: Gary A. Porter, Curtis L. Norton
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