The following are the ratios of two companies ABC and XYZ belonging to the same industry: Ratio

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The following are the ratios of two companies ABC and XYZ belonging to the same industry:

Ratio Current ratio Quick ratio Gross profit margin Operating profit margin Net profit margin ABC 3.20: 1

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 15, 2023 11:36 PM

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The following are the ratios of two companies ABC and XYZ belonging to the same industry: Ratio

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1 By comparing current ratio of both the companies we find that ABC company has better position as compared to XYZ its liquidity position is much bett...View the full answer

Financial Accounting

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