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Essay

Business Financial Calculations

Essay specific features

 

Issue:

Business

 

Written by:

Joel B

 

Date added:

September 11, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 902

 

Was viewed:

2847 times

 

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Essay content:

This ratio is an indicator as to a company’s ability to be able to pay on their short term obligations.(Investorwords, 2008) The goal is for a company to have as high of a ratio here because that would mean that the company is easier to be able to be converted into cash; this is also known as liquid...
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Current ratios are calculated by taking the current assets and divide it by the current liabilities. A company is considered to have good short-term financial strength if the current assets of a company are more than twice the current liabilities. (Investorwords, 2008) If the company falls under that mark, it may be seen as having difficulties being able to meet their short term obligations...
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