Question
Which of the following is most correct? Question 2 options: A large current ratio (relative to competitors) is good from the standpoint of liquidity, and
Which of the following is most correct?
Question 2 options:
| A large current ratio (relative to competitors) is "good" from the standpoint of liquidity, and would likely increase profitability. | |
| A large current ratio (relative to competitors) is "good" from the standpoint of liquidity, but could damage profitability. | |
| A small current ratio (relative to competitors) is "good" from the standpoint of liquidity, but could damage profitability. |
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
