What this means and turns to you for advice

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Reference no: EM132014893

Jeremy Knowital, President of Amalgamated Manufacturing, LTD, is concerned whether his company may have a liquidity problem. He noted that the Quick Ratio for the past 3 years, starting in calendar year 2014, and ending in 2016 was calculated as 2.6%, 1.9% and 1.7%, respectively. The current ratio was calculated for the same years as 2.0%, 1.5%, and 1.2%, respectively. Jeremy Knowital is unsure what this means and turns to you for advice. Don't let him down.

Reference no: EM132014893

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