Newcrest Mining has a quick ratio of 0 38 and a current ratio of 1 15 At the same time St Barbara Limited had a quick ratio of 2 51 and a current ratio of 3 51 Which of the following is the best description of the liquidity of Newcrest Mining relative to St Barbara None of these responses Newcrest Mining's higher current and quick ratios demonstrate that it has much higher asset liquidity than does St Barbara This means that in a pinch, Newcrest Mining has more liquidity to draw on than does St Barbara Newcrest Mining's lower current and quick ratios demonstrate that it has much lower asset liquidity than does St Barbara This means that in a pinch, Newcrest Mining has less liquidity to draw on than does St Barbara Newcrest Mining's higher current and quick ratios demonstrate that it has much lower asset liquidity than does St Barbara This means that in a pinch, Newcrest Mining has less liquidity to draw on than does St Barbara Newcrest Mining's lower current and quick ratios demonstrate that it has much higher asset liquidity than does St Barbara This means that in a pinch, Newcrest Mining has more liquidity to draw on than does St Barbara

Question

Newcrest Mining has a quick ratio of 0 38 and a current ratio of 1 15  At the same time St  Barbara Limited had a quick ratio of 2 51 and a current ratio of 3 51  Which of the following is the best description of the liquidity of Newcrest Mining relative to St Barbara  None of these responses Newcrest Mining's higher current and quick ratios demonstrate that it has much higher asset liquidity than does St Barbara  This means that in a pinch, Newcrest Mining has more liquidity to draw on than does St Barbara  Newcrest Mining's lower current and quick ratios demonstrate that it has much lower asset liquidity than does St Barbara  This means that in a pinch, Newcrest Mining has less liquidity to draw on than does St Barbara  Newcrest Mining's higher current and quick ratios demonstrate that it has much lower asset liquidity than does St Barbara  This means that in a pinch, Newcrest Mining has less liquidity to draw on than does St Barbara  Newcrest Mining's lower current and quick ratios demonstrate that it has much higher asset liquidity than does St Barbara  This means that in a pinch, Newcrest Mining has more liquidity to draw on than does St Barbara

Accepted Answer

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	None of these responses
		Newcrest Mining's higher current and quick ratios demonstrate that it has much higher asset liquidity than does St Barbara. This means that in a pinch, Newcrest Mining has more liquidity to draw on than does St Barbara.
		Newcrest Mining's lower current and quick ratios demonstrate that it has much lower asset liquidity than does St Barbara. This means that in a pinch, Newcrest Mining has less liquidity to draw on than does St Barbara.
		Newcrest Mining's higher current and quick ratios demonstrate that it has much lower asset liquidity than does St Barbara. This means that in a pinch, Newcrest Mining has less liquidity to draw on than does St Barbara.
		Newcrest Mining's lower current and quick ratios demonstrate that it has much higher asset liquidity than does St Barbara. This means that in a pinch, Newcrest Mining has more liquidity to draw on than does St Barbara.

Question

Newcrest Mining has a quick ratio of 0.38 and a current ratio of 1.15. At the same time St. Barbara Limited had a quick ratio

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