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Essay specific features

 

Issue:

Business

 

Written by:

Michael H

 

Date added:

May 8, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2625

 

Was viewed:

4408 times

 

Rating of current essay:

 
Essay content:

Quick ratios were 0.88 in 1988 and decreased yearly to 0.67 in 1990. BLC has not defaulted. But it was unable to take cash discounts on trade credit. While the current ratios of above 1 indicate adequate liquidity, the decreasing trend is worrisome especially given the low quick ratios. But BLC covers its interest expenses 2...
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Quick ratios were 0.88 in 1988 and decreased yearly to 0.67 in 1990. BLC has not defaulted. But it was unable to take cash discounts on trade credit. While the current ratios of above 1 indicate adequate liquidity, the decreasing trend is worrisome especially given the low quick ratios. But BLC covers its interest expenses 2...
displayed 300 characters

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