Question
Assuming the current ratios of of the firm are: Year 20X9 20X8 20X7 20X6 20X5 Ratios 0.91 1.28 1.47 1.69 2.3 What is your observation
Assuming the current ratios of of the firm are:
| Year | 20X9 | 20X8 | 20X7 | 20X6 | 20X5 |
|---|---|---|---|---|---|
| Ratios | 0.91 | 1.28 | 1.47 | 1.69 | 2.3 |
What is your observation of the liquidity of the firm for the past five years, on the basis of the current ratios in the assumption?
Group of answer choices
Overall, the liquidity has been improving.
Overall, the liquidity has been deteriorating.
Overall, the liquidity has been unchanged.
Overall, the liquidity has been very volatile.
No discernible pattern at all.
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
