Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter 17, Problem 2TIT
Summary Introduction

To discuss: The quick ratios of the companies and the company which is more likely to obtain loan amongst the two.

Introduction: Quick ratio is a better measurement of the ability of a firm to repay the short-term liabilities than the current ratio.

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