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Different types of companies

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If Nike's Current Ratio is 1.6 and the Pittsburgh Pirates Current Ratio is 0.9, we know from time series analysis that __________.

A) We must use the Quick Ratio to compare these firms, the Current Ratio is irrelevant

B) The current ratio doesn't tell us anything about either firm's finances

C) The Pirates are in a superior financial position relative to Nike

D) Nike is in a superior financial position relative to the Pirates

E) This question seems like nonsense. Nike and the Pirates are very different types of companies, and we do not compare firms using time series analysis alone

Reference no: EM133072482

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