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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1286 |
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Yankee Candle Company's current ratio is 17.61 while the industry average for manufacturing of 1.7 shows that the company is very liquid. The current ratio also determines that the organization is very able to pay its debts and obligations. The higher the current ratio of a company the more liquid a firm is and the higher the integrity of that firm...
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The current ratio also determines that the organization is very able to pay its debts and obligations. The higher the current ratio of a company the more liquid a firm is and the higher the integrity of that firm. Investors and lenders would be interested in the liquidity of a company.
The inventory turnover ratio for the company is ...
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