Question: Use data from balance sheet Current Ratio in 2015: = Current Assets Current Liabilities =$31,280/$13,332=2.5 times Discussion: Calculate Current Ratio in 2014 If Industry benchmark

 Use data from balance sheet Current Ratio in 2015: = Current

Use data from balance sheet

Current Ratio in 2015:

= Current Assets

Current Liabilities

=$31,280/$13,332=2.5 times

Discussion: Calculate Current Ratio in 2014

If Industry benchmark is 2.0 x what is your conclusion about the liquidity of TTs Hospital Using the Current Ratio in 2015 and 2014?

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