The cash ratios of four companies are listed below. Which company has the maximum ability to
repay its current liabilities?
Solution
Ans)
D.Pioneer Corp. (0.27) higer than othersCash Ratio=Cash + Cash equivalent +Invested
Funds/Current liability.
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The cash ratios of four companies are listed below. Which company ha.pdf
1. The cash ratios of four companies are listed below. Which company has the maximum ability to
repay its current liabilities?
Solution
Ans)
D.Pioneer Corp. (0.27) higer than othersCash Ratio=Cash + Cash equivalent +Invested
Funds/Current liability