Question
ASSIGNMENT 7.2: A SECOND YEARS WORTH OF DATA In FY 2009, the MLK Settlement House has total assets of $900,000 and current assets of $350,000.
ASSIGNMENT 7.2: A SECOND YEARS WORTH OF DATA In FY 2009, the MLK Settlement House has total assets of $900,000 and current assets of $350,000. Its current liabilities are $240,000, and its long-term liabilities are $1,000,000. What are the ratios and what conclusions can you draw now that you have two years worth of data?
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
7th Edition
0321122356, 978-0321122353
