If a company's current ratio goes from 0.82 to 0.93 to 0.97 over the course of 3
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If a company's current ratio goes from 0.82 to 0.93 to 0.97 over the course of 3 years (2020-2022), what does this tell us about their liquidity?
If a company's quick ratio goes from 0.26 to 0.26 to 0.18 over the course of 3 years (2020-2022), what does this tell us about their liquidity?
If a company's total debt to total assets ratio goes from 20% to 18% to 21% over the course of 3 years (2020-2022), what does this tell us about their liquidity?
Expert Answer:
Changes in liquidity ratios over time provide insight into a companys ability to meet its shortterm ... View the full answer
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ISBN: 978-0132423502
4th Edition
Authors: Steven M Glover, Douglas F Prawitt
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