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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 28, 2016



Title: A company has a cash ratio of 2.3. What does this imply?
Post by: H3Ko on Aug 28, 2016
A company has a cash ratio of 2.3. What does this imply?
A) The company does not have enough cash supply.
B) The company is not in a position to pay off its current liabilities.
C) The company is not in a position to pay off its long-term liabilities.
D) The company has an unnecessarily large amount of cash supply.


Title: Re: A company has a cash ratio of 2.3. What does this imply?
Post by: Mrgo-breed on Aug 28, 2016
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Title: Re: A company has a cash ratio of 2.3. What does this imply?
Post by: H3Ko on Oct 12, 2016
I just realized you had posted this! Thanks so much


Title: Re: A company has a cash ratio of 2.3. What does this imply?
Post by: Mrgo-breed on Oct 16, 2016
Happy to help :D