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What between the current ratio vs the liquid ratio

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Reference no: EM132752317

Problem 1: What is the main difference between the current ratio and the liquid (or quick) ratio? And outline two advantages and disadvantages of using each method?

Problem 2: What is the main difference between the gross profit ratio and the liquid (or quick) ratio? Which one is the more accurate measure of a company's profitability, and why?

Reference no: EM132752317

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