Evaluate the working (WC) among all the following firms operating in one industry. Based on your analysis,

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Evaluate the working (WC) among all the following firms operating in one industry. Based on your analysis, please answer the following point: - Do firms operating in the same industry have similar net working capital? Why?

company 1 current ratio = 1.10

company 2 current ratio = 1.4

company 3 current ratio = 1.4

company 4 current ratio = 0.6

company 5 current ratio = 5.9

company 6 current ratio = 1.3

company 7 current ratio = 2

company 8 current ratio = 0.9

industry average = 1.8

Based on the analysis, Do firms operating in the same industry have similar net working capital? Why?

Related Book For answer-question

Intermediate Financial Management

ISBN: 978-1111530266

11th edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Posted Date: Jun 11, 2023 12:09 AM

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Evaluate the working (WC) among all the following firms operating in one industry. Based on your analysis,

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Net working capital NWC is a measure of a companys liquidity and ability to meet shortterm obligatio... View the full answer

Intermediate Financial Management

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