Question
which of the following are true about interpreting the current ratio a higher ratio is better too high a ratio means you may have too
which of the following are true about interpreting the current ratio
a higher ratio is better
too high a ratio means you may have too much invested in short term assets which may hurt long term profitability
a higher return means more safety in the short term
a higher current ratio means you can't go bankrupt
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Financial Accounting Fundamentals
Authors: John J. Wild
5th edition
1308500102, 1308500106, 78025753, 978-0078025754
