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f The liquidity ratios focus on whether the firm has the ability to convert its current asset into cash without a significant loss. One such
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The liquidity ratios focus on whether the firm has the ability to convert its current asset into cash without a significant loss. One such liquidity ratio is the current ratios = Current Assets/ Current Liability Suppose Current Asset = $1039.8 and Current Liability = $377.8 and inventory = $750. HINT: Read Lecture Notes and Power Point a) Compute the liquidity or quick ratioCurrent b) Interpret the ratio Use the cotorto formot yourStep by Step Solution
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