Question: Step 1. Circle which ratio is better, either the industry or Starbucks. Step 2. Provide a very brief explanation for which you think is best.
Step 1. Circle which ratio is better, either the industry or Starbucks. Step 2. Provide a very brief explanation for which you think is best.
|
| Industry | Starbucks | Provide a brief explanation for which you think is best. |
| LIQUIDITY |
| ||
| Current ratio (CA/CL) | 1.3 | 1.8 |
|
| Net Working Capital (CA-CL) | 25,000 | 250,000 |
|
| Quick ratio ((CA-Inv.)/CL) | 1.1 | 1.4 |
|
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