ACC 206 WEEK 2 DQ 2

Feb 3rd, 2012
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Discuss what high current ratios indicate and why are businesses with extremely high current ratios (example: 25.0) at risk? Explain what a high accounts receivable turnover indicates to a business? Respond to at least two of your classmates' postings.Response 1The current ratio is the measure of current assets to current liabilities. Basically, the higher the current ratio, the more debt that the company has incurred. The current assets are divided by current liabilities to calculate the current ratio. This indicates how liquid the company is -- how much they have in current assets, includ

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