FREE Trial

Access Motley Fools discussion of the current ratio at Fool.com (search that site for the current ratio.)

Question:

Access Motley Fool’s discussion of the current ratio at Fool.com (search that site for the current ratio.)

Required
1. What level for the current ratio is generally regarded as sufficient to meet near-term operating needs?
2. Once you have calculated the current ratio for a company, what should you compare it against?
3. What are the implications for a company that has a current ratio that is too high?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Answer rating: 62% (16 reviews)

1 The Motley Fool states that a benchmark of 15 is gener...View the full answer


answer-question-section
Answered By
tutor-profile-image
Larlyu mosoti
I am a professional writer willing to do several tasks free from plagiarism, grammatical errors and submit them in time. I love to do academic writing and client satisfaction is my priority. I am skilled in writing formats APA, MLA, Chicago, and Harvard I am a statistics scientist and I can help out in analyzing your data. I am okay with SPSS, EVIEWS, MS excel, and STATA data analyzing tools. Statistical techniques: I can do linear regression, time series analysis, logistic regression, and some basic statistical calculations like probability distributions. . I'm ready for your working projects! Services I would offer: • Academic writing. • Article writing. • Data entry. • PDF conversion. • Word conversion • Proofreading. • Rewriting. • Data analyzing. The best reason to hire me: - Professional and Unique work in writing. - 100% satisfaction Guaranteed - within required time Express delivery - My work is plagiarism Free - Great communication My passion is to write vibrantly with dedication. I am loyal and confident to give my support to every client. Because Client satisfaction is much more important to me than the payment amount. A healthy client-contractor relationship benefits in the longer term. Simply inbox me if you want clean work.
5.00+ 3+ Reviews 10+ Question Solved
Related Book For  book-img-for-question
Fundamental Accounting Principles

Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

See More Books
Question Posted:
See More Questions

Related Video

The current ratio is a financial ratio that measures a company\'s ability to pay its short-term obligations with its short-term assets. It is calculated by dividing a company\'s current assets by its current liabilities. The formula for calculating the current ratio is: Current Ratio = Current Assets / Current Liabilities Current assets are assets that can be converted to cash within one year, while current liabilities are debts that are due within one year. A current ratio of 1:1 or greater is generally considered good, as it indicates that a company has enough current assets to cover its current liabilities. A current ratio of less than 1:1 may suggest that a company may have difficulty meeting its short-term obligations. It\'s important to note that the current ratio is just one of many financial ratios that can be used to assess a company\'s financial health. It should be used in conjunction with other financial ratios and qualitative factors to make informed decisions about investing or lending to a company.

Students also viewed these Accounting questions

Single Variable Calculus 1st Edition - ISBN: 0471770507 - Free Book