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Help on these please!! 12. What is the difference between the current ratio and the quick ratio? Why might a firm wanting to make sure
Help on these please!! 12. What is the difference between the current ratio and the quick ratio? Why might a firm wanting to make sure they have enough cash on hand in case of an emergency prefer using the quick ratio? 13. If a company's sales is $500 and inventory is $30, what is the inventory turnover? Would a manager generally want this number to be high or lower? 14. How do you compute profit margin? and what is the difference between profit margin and operating margin
Help on these please!!
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