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j22 j22
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A year ago
One problem with ratio analysis is that relationships can be manipulated. For example, if the current ratio is 1.8, then using some cash to pay off some current liabilities would cause the current ratio to increase and thus make the firm look stronger.


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Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
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itsbreckitsbreck
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A year ago
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j22 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Danivalda
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Yesterday
Helped a lot
MLynneMcMillan
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2 hours ago
You make an excellent tutor!
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