Albertson's V Kroger's

Essay specific features

 

Issue:

Business

 

Written by:

Angel P

 

Date added:

October 19, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1312

 

Was viewed:

736 times

 

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Essay content:

In this category, we have calculated the current ratio. The current ratio for Albertson’s for 2003 is 1.2 and for 2004 is 1.05. Companies that have a ratio at or below 1.0 should be concerned, unless they have inventory that can be quickly converted to cash. www.beginnersinvest.about.com . In the case of Albertson’s, this would be expected...
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www.beginnersinvest.about.com . In the case of Albertson’s, this would be expected. This is also proven with the quick or acid-test ratio. For 2003, the ratio is .36 and or 2004 is .28. The Quick Test ratio does not apply to the handful of companies where inventory is almost immediately convertible into cash (such as McDonalds, Wal-Mart, etc...
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