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Author Question: If you have liquid assets of $20,000 and current liabilities of $10,000, then you (Read 77 times)

wrbasek0

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If you have liquid assets of $20,000 and current liabilities of $10,000, then you


◦ have a current liquidity ratio of 2.
◦ are in poor financial shape with a liquidity ratio of 0.5.
◦ may have trouble paying your bills depending on their due dates.
◦ are over-extended by $10,000.


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Marked as best answer by wrbasek0 on Apr 12, 2019

babybsemail

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wrbasek0

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babybsemail

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