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If the current ratio was 1.95 in 2012 and is 1.86 in 2013, how would managers interpret this change? a. A current ratio of 1.95
If the current ratio was 1.95 in 2012 and is 1.86 in 2013, how would managers interpret this change? a. A current ratio of 1.95 is worse than a 1.86 ratio. b. The current ratio has worsened during the year, but it appears to be still acceptable. c. Both ratios are unacceptable because they are greater than 1.0. d. A current ratio of 1.95 means that there is $1.95 of total assets for each dollar of liabilities
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