Question
4) If a company computes its current ratio to be 3.56, what does this mean in terms of the companys current assets and current liabilities?
4) If a company computes its current ratio to be 3.56, what does this mean in terms of the companys current assets and current liabilities?
ANS:
5) Why might a company have a high current ratio but a low quick ratio (acid test ratio)?
ANS:
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Handbook Of Business Valuation
Authors: Thomas L. West, Jeffrey D. Jones
2nd Edition
0471297879, 978-0471297871
