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4. Liquidity Ratios Year 20Y2 20Y1 Current ratio = Current assets / Current liabilities Numerator Ing Stargel. Denominator Current Ratio Competitor: 3.6 Industry Average:
4. Liquidity Ratios Year 20Y2 20Y1 Current ratio = Current assets / Current liabilities Numerator Ing Stargel. Denominator Current Ratio Competitor: 3.6 Industry Average: 4.1 Year 20Y2 Quick ratio=Quick assets / Current liabilities (Note: Quick assets are cash, marketable securities and receivables; not inventories or prepaid expenses.) Numerator Denominator Quick Ratio 20Y1 Competitor: 1.5 Industry Average: 2.1 Liquidity Evaluation: Should either of these ratios or the change in a ratio warrant concern for the managers of Stargel or the shareholders? YDS
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Financial Accounting The Impact On Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
10th Edition
1305793196, 978-1305793194
