You have the following current ratio information for a company, along with industry average data,...
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| You have the following current ratio information for a company, along with industry average data, but no other liquidity information is available. Identify 3 things that are potentially revealed to you (either positive or negative) from this limited information regarding this company's liquidity position. Be insightful - writing that "the current ratio has decreased" will get you no points!! | ||||||||
| 2020 | 2019 | 2018 | 2017 | 2016 | Ind. Average | |||
| Current ratio | 1.2 | 1.2 | 1.8 | 2.4 | 3.0 | 1.2 | ||
Please don't use the answers from a the similar question that has different numbers.
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