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Given the information below regarding liquidity ratios for WLT, what reason best justifies the trends over the past three years? WLT Liquidity Ratios 12/31/2019 12/31/2018
Given the information below regarding liquidity ratios for WLT, what reason best justifies the trends over the past three years?
WLT Liquidity Ratios 12/31/2019 12/31/2018 12/31/2017 USD USD USD Thousands Thousands Thousands Working Capial $10,990,000.00 $11,038,000.00 $12,769,000.00 Accouts Payable (Current Liability) $6,515,000.00 $6,560,000.00 $6,753,000.00 Operating Working Capital $22,454,000.00 $23,241,000.00 $27,746,000.00 Current Ratio 1.39 1.4 1.43 Quick Ratio 0.96 0.94 0.91Step by Step Solution
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