Question
A company's current ratio is 2.5, but its quick ratio is
only 0.9. What does this suggest about its liquidity?Solution
The significant gap between current and quick ratio indicates heavy reliance on inventory, which is less liquid.
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Seven years ago, 'R' and 'C' had ages in a ratio of 4:3, respectively. After seventeen years, the ratio of 'C' and 'R's ages will be 9:10, respectively....
Present age of βAβ is 40% more than that of βBβ. If 11 years hence from now, βBβ will be 5 years younger than βAβ, then find the sum of ...
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