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pass paper September 2016 #32a comment 4
it’s that $2.30 is wrong and should have been $2.00 not so clear on the comment
for quick ratio & current ratio what is the average a business should have so they will know that they are not in a red zone
like I am 1.6:1 am I ok or in a red zone
It all depends on the business that the entity operates in
As a sweeping generalisation, the quick ratio should show not less than parity (1:1) and the current ratio … maybe 1.5:1 or even 2:1
“it’s that $2.30 is wrong and should have been $2.00 not so clear on the comment”
What has this got to do with quick ratios and current ratios?
I don’t even understand why you say that “it’s that $2.30 is wrong and should have been $2.00” What are you talking about?
“it’s that $2.30 is wrong and should have been $2.00 not so clear on the comment”
This is still not clear what it is that you are asking
Give me a clue
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