Mei Co. has a current ratio of 3 to 1. Ono Corp. has a current ratio of

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Mei Co. has a current ratio of 3 to 1. Ono Corp. has a current ratio of 2 to 1. Does this mean that Mei's operating cycle is longer than Ono's? Why?
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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078025778

17th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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