Josh Smith has collected some of your personal financial data to determine your liquidity position. The data
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Question:
Josh Smith has collected some of your personal financial data to determine your liquidity position. The data is the following:
Account | Amount |
Money | $ $3,150 |
Negotiable values | 1,040 |
Check account | 850 |
credit card accounts payable | 1,260 |
Short-term notes payable | 1130 |
Calculate Josh's liquidity ratio.
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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