FINANCIAL ACCT-CONNECT
FINANCIAL ACCT-CONNECT
8th Edition
ISBN: 9781266627903
Author: Wild
Publisher: INTER MCG
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Chapter 13, Problem 4DQ
Summary Introduction

Concept Introduction:

The current ratio is one of the ratios used in financial statement analysis. The current ratio is used to evaluate the solvency of the company. It is calculated by dividing the total current assets by the total current liabilities.

To indicate:three factors that influence the evaluation of the current ratio.

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