Question
GM has net working capital of $1,980, current liabilities of $5,460, and inventory of $2,170. What is the quick ratio? Use your figure in a
GM has net working capital of $1,980, current liabilities of $5,460, and inventory of $2,170. What is the quick ratio? Use your figure in a sentence. Explain if there is an increase in the quick ratio, how would this impact GMs bond rating and yield to maturity?
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Financial Management For Public Health And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
7th Edition
1071835335, 978-1071835333
