If Ben & Holly Company holds cash balance in excess of its optimal level in a...

 

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If Ben & Holly Company holds cash balance in excess of its optimal level in a non-interest bearing account throughout the year, how does this situation affect the following ratios? Explain. a. Net profit margin b. Time interest earned ratio c. Current ratio d. Debt-to-equity ratio If Ben & Holly Company holds cash balance in excess of its optimal level in a non-interest bearing account throughout the year, how does this situation affect the following ratios? Explain. a. Net profit margin b. Time interest earned ratio c. Current ratio d. Debt-to-equity ratio

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a Net Profit Margin Holding excess cash in a noninterest bearing account does not directly impact th... View the full answer