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Apple has A 1.09 to 1 ratio, that is very low. The ideal ratio is at least 2 to 1. If for instance your chosen
Apple has A 1.09 to 1 ratio, that is very low. The ideal ratio is at least 2 to 1. If for instance your chosen company has a current ratio of 2.1 and the industry average is 3.5, you can conclude that company is doing worse than the industry average in terms of liquidity. Liquidity may vary between industries and companies. Could you explain in a few words how well the company is doing after calculating the ratios?
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