2.3.2 Liquidity Flashcards
1
Q
what is the current ratio formula?
A
Current assets/current liabilities
2
Q
what are they ways to improve liquidity?
A
spend less on fixed assets, Less stock (use JIT), less customer debt
what is the current ratio formula?
Current assets/current liabilities
what are they ways to improve liquidity?
spend less on fixed assets, Less stock (use JIT), less customer debt