Why can a hotel, motel, or restaurant usually operate with a current ratio considerably lower than other

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Why can a hotel, motel, or restaurant usually operate with a current ratio considerably lower than other types of businesses, such as manufacturing companies?

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Hospitality Management Accounting

ISBN: 9780471687894

9th Edition

Authors: Martin G Jagels, Catherine E Ralston

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Question Posted: Jun 21, 2024 09:00 AM

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Why can a hotel, motel, or restaurant usually operate with a current ratio considerably lower than other

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Hospitality Management Accounting

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