Question
The power of ratios lies in the fact that the numbers in the financial statements by themselves dont reveal the whole story. If the controller
The power of ratios lies in the fact that the numbers in the financial statements by themselves dont reveal the whole story. If the controller of the company that you own came into your office with a big smile on her face and said great news we have a current ratio of 1.8 and an inventory turnover of 4 how would you respond?
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
13th Canadian Edition
1119740460, 978-1119740469
