Ratios: If a company's Current Ratio is HUGE, like 8.0x: Question 22 options:...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Ratios: If a company's Current Ratio is HUGE, like x: Question options: That means they can satisfy the current liabilities without a problem. No worries You might want to delete prepaid expenses from the calculation to see if the ratio shrinks to a level more common to many companies. While provides seemingly sufficient comfort, you might want to examine efficiencies to see if inventory daysonhand have increased unreasonably All of the above are reasonable
Ratios: If a company's Current Ratio is HUGE, like x:
Question options:
That means they can satisfy the current liabilities without a problem. No worries
You might want to delete prepaid expenses from the calculation to see if the ratio shrinks to a level more common to many companies.
While provides seemingly sufficient comfort, you might want to examine efficiencies to see if inventory daysonhand have increased unreasonably
All of the above are reasonable
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.