As a young analyst at a large mutual fund, you have found two companies that meet the

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As a young analyst at a large mutual fund, you have found two companies that meet the basic investment criteria of the fund. One company has a very high current ratio but a relatively low amount of cash flow from operating activity reported on the statement of cash flows. The other company has a very low current ratio but very significant cash flows from operating activities. Which company would you tend to prefer?

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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