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shepherd shepherd
wrote...
Posts: 2986
8 years ago
If you have current assets of $20,000 and current liabilities of $10,000, then you
A) have a current liquidity ratio of 2.
B) may have trouble paying your bills depending on their due dates.
C) are over-extended by $10,000.
D) are in poor shape with a liquidity ratio of 0.5.
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
Read 201 times
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tityltityl
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Top Poster
Posts: 2938
8 years ago
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shepherd Author
wrote...
8 years ago
Thank you, this is brilliant Smiling Face with Open Mouth
wrote...
8 years ago
Cool! Remember to mark it solved when you get a chance
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