Chapter 12, Problem 78E

To determine

(a)

Introduction:

Short-term liquidity ratio are the ratios that tell about the short-term financial position of the firm.

To find:

Short-term liquidity ratios of seek enterprises.

To determine

(b)

Introduction:

Short-term liquidity ratio are the ratios that tell about the short-term financial position of the firm.

To indicate:

Which ratio appears to be most appropriate for the organization and along with it indicate which information would you like to know to comment on the short-term liquidity ratio of the organization.