The working capital ratio for AntsPants has progressively declined from 2.0 times to 0.75 times over the
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An arbitrary rule of thumb for the working capital ratio is around 150 of current assets for ev...View the full answer
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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