A company seeking a line of credit at a bank was turned down. Among other things, the
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A company seeking a line of credit at a bank was turned down. Among other things, the bank stated that the company's 2 to 1 current ratio was not adequate. Give reasons why a 2 to 1 current ratio might not be adequate.
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Related Book For 
Introduction To Managerial Accounting
ISBN: 9780073048833
3rd Edition
Authors: Peter Brewer, Ray Garrison, Eric Noreen
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