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Author Question: Firms A and B have the same current ratio, 0.83; the same sales, $1,000,000; and the same current ... (Read 7 times)

allihubbard

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on: Aug 7, 2023

Question 1

Even though Firm A’s current ratio exceeds that of Firm B, Firm B’s quick ratio might exceed that of A. However, if A’s quick ratio exceeds B’s, A’s current ratio might be less than that of B.

◦ true
◦ false

Question 2

Firms A and B have the same current ratio, 0.83; the same sales, $1,000,000; and the same current liabilities, $600,000. However, Firm B has less inventories than A. Therefore, we can conclude that B’s quick ratio must be smaller than A’s.

◦ true
◦ false
Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by allihubbard on Aug 7, 2023

Preeti

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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allihubbard

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

LegendaryAnswers

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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