Financial Ratios

Essay specific features

 

Issue:

Business

 

Written by:

Michael H

 

Date added:

November 28, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 406

 

Was viewed:

8676 times

 

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Essay content:

An accountant uses the liquidity ratio as a way to "measure and show a business' ability to meet short-term obligations when they must be paid," (p.528). Current and acid ? test are two commonly used liquidity ratios. Current ratio "compares current assets and liabilities, giving manager's information about the business' ability to pay off its current debts as they mature," (p...
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Current and acid ? test are two commonly used liquidity ratios. Current ratio "compares current assets and liabilities, giving manager's information about the business' ability to pay off its current debts as they mature," (p. 528). Basically the current ratio compares all current assets and liabilities...
displayed 300 characters

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