Question: Liquidity problems exist for a company when its quick ratio * Is less than the industry average O Is 1 to 1 O is lower
Liquidity problems exist for a company when its quick ratio * Is less than the industry average O Is 1 to 1 O is lower than 1 to 1 O is higher than 1 to 1 O is less than the industry average and is lower than 1 to 1 The current ratio * O is current assets divided by current liabilities Helps to assess a company's ability to pay its debts in the near future O Suggests there may be problems in a business if it is less than 1 Is a measure of a company's liquidity All of these
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