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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
8 / 1983 |
Essay's paper body
If Frutarom Industries converted the bank credit and loans into long-term payables, they could increase their current ratio to the generally accepted ratio of 2:1.
Riordan Manufacturing has a current ratio of 2:1 in 2005; which although acceptable, decreased from 2.4 in 2004. Dow Chemical has a current ratio of 1...
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Dow Chemical has a current ratio of 1.6:1, which has increased from 1.5:1 from the previous year. West Pharmaceutical Services has a current ratio of 1.9:1 for the past two years. These companies meet the generally accepted ratio of 2:1 and should not experience any difficulty paying their obligations...
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