16 Explain how the following are possible: a Anh Limited has a high current ratio, but has...

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16 Explain how the following are possible:

a Anh Limited has a high current ratio, but has difficulty paying its bills.

b Bailey Limited has a high quick ratio, but has difficulty paying its bills.

c Christine Limited has a low quick ratio, but no difficulty paying its bills.

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Fundamentals Of Accounting And Financial Management

ISBN: 9780170454797

8th Edition

Authors: Professor Ken Trotman, Kerry Humphreys

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