Question: In 2 0 x 8 , C Co reported a trade payables tumover ratio of 1 . 8 5 and a current ratio of 0

In 20x8, C Co reported a trade payables tumover ratio of 1.85 and a current ratio of 0.66. Their statement of financial position shows $2.1 bilition in marketable securities not included in their current assets and cash flow from operations. Which of the following interpretations is most likely?
Multiple Choice
Since the two ratos ace fairly high, indicabes C Co has lowe diffculy porying its bils in a bimely mannec.
C Co must be carrying a low amount of current liabilites in comparison to its total liabilites.
C Copractices aggressive cash management policies including Investing excess cash and uning vendors to finance aperatons by making slow poyment to them.
Since both these ratios are low, if might indicate poor lopuldify and inablity to pay wendors in a smely mannec.
In 2 0 x 8 , C Co reported a trade payables

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