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Analyse the overall liquidity position forthefirm in 2011 as compared to 2010. Use two liquidity ratiosto support your answer and justify why you have chosen
Analyse the overall liquidity position forthefirm in 2011 as compared to 2010. Use two liquidity ratiosto support your answer and justify why you have chosen these two ratios. Note: ensure that you analyse in this question, not just describe the ratio values. (maximum 150 words - 2 marks)
We have used the Quick (acid test) ratio and the Current ratio.
For thebusiness there was a decrease using the Quick ratio but an increase in the current ratio
Please help me analysis for the write up?
Thanks
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