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Defining Financial Ratios
Essay specific features
Written by:
Latasha C
Date added:
January 27, 2012
Level:
University
Grade:
B
No of pages / words:
3 / 835
Was viewed:
4818 times
Rating of current essay:
Essay content:
Current ratio indicates whether the business has enough working capital – i.e. the excess of current liabilities over current assets used to meet short-term obligations, quickly take advantage of opportunities, and qualify for favorable credit terms.
Formula
Current Ratio = Current Assets / Current Liabilities
A ratio 1...
displayed 300 characters
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Current ratio indicates whether the business has enough working capital – i.e. the excess of current liabilities over current assets used to meet short-term obligations, quickly take advantage of opportunities, and qualify for favorable credit terms.
Formula
Current Ratio = Current Assets / Current Liabilities
A ratio 1...
displayed 300 characters
General issues of this essay:
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