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The most recent data from the annual balance sheets of N&B Equipment Company and Jing Foodstuffs Corporation are as follows: kB Equipment Company's current ratio
The most recent data from the annual balance sheets of N\&B Equipment Company and Jing Foodstuffs Corporation are as follows: kB Equipment Company's current ratio is , and its quick ratio is iling Foodstuffs Corporation's current ratio is , and its quick ratio is - Note: Round your values to four decimal places. hich of the following statements are true? Check all that apply. Jing Foodstuffs Corporation has a better ability to meet its short-term liabilities than NaB Lquipment Company. If a company's current liabilities are increasing faster than its current assets, the company's lquility position is weakening: An increase in the quick ratio over time usually means that the company's liquidity position is improving and that the company is managing its short-term assets well. Compared to N8B Equipment Company, Jing Foodstufts Corporation has less lquidity and a loner reliance on outside cash flow to finance its short-term obligations. An increase in the current ratio over time always means that the company's liquidity position is improving
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