The president of Unlimited Enterprises proudly announces that her company's liquidity has improved. Its current ratio increased

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The president of Unlimited Enterprises proudly announces that her company's liquidity has improved. Its current ratio increased substantially this year. Does an increase in the current ratio always indicate improved liquidity? What other ratio(s) might you review to determine whether or not the increase in the current ratio represents an improvement in the company's financial health?
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Accounting Principles Part 2

ISBN: 978-1118306796

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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