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Keep in mind that a very high quick ratio may not be better. For example, a company may be sitting on a very large cash balance. This capital could be used to generate company growth or invest in ...
It will be important to ensure the only data included in the ratio coincides with a specific time period (such as one month or quarter). For example, if Joe’s Bakery has an accounts receivable ...
Ratios are seen in everyday life ... Percentages are used in everyday life, for example, calculating discounts during sales and interest rates at banks. Knowing how to find and use percentages ...
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