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Problem 4) (15 points) You have the following current ratio information for a company, along with industry average data, but no other liquidity information is
Problem 4) (15 points) You have the following current ratio information for a company, along with industry average data, but no other liquidity information is available. Identify 3 things that are potentially revealed to you (either positive or negative) from this limited information regarding this company's liquidity position. (15 points). Be insightful - writing that "the current ratio has decreased" will get you no points!! | ||||||||
2016 | 2015 | 2014 | 2013 | 2012 | Ind. Average | |||
Current ratio | 1.2 | 1.2 | 1.6 | 1.8 | 2.0 | 1.2 |
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