Question
Case 1. If the company has a Current ratio: 1.4; quick ratio 1.2; cash ratio 0.5, can the company fulfill its short-term obligations? my lecturer
Case
1. If the company has a Current ratio: 1.4; quick ratio 1.2; cash ratio 0.5, can the company fulfill its short-term obligations?
my lecturer once said with enough only quick and cash ratio the company still can't fulfill its short term obligations with their lack of cash ratio <1 is that right?
please explain, Thank You!
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If a company has a current ratio of 14 1 then that means that the company has 14 of current ...
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Introduction to Accounting An Integrated Approach
Authors: Penne Ainsworth, Dan Deines
6th edition
78136601, 978-0078136603
