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Topic: Business
Number of pages / Number of words: 2 / 558
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Liquidity ratio

From 2003-05 there has been increase in 46% in current ratio and 51.9% increase in acid ratio. Even though in 2003 the current ratio was less than 1 but it was more than 0.80. Hence, we can assume than company has done pretty well. The following two years it managed to keep its ratio above 1...


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Liquidity ratio

From 2003-05 there has been increase in 46% in current ratio and 51.9% increase in acid ratio. Even though in 2003 the current ratio was less than 1 but it was more than 0.80. Hence, we can assume than company has done pretty well. The following two years it managed to keep its ratio above 1...


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