ACC560 week 10 Discussion
Read the article titled, â€œThe Missing Piece in Liquidity Calculations,â€ located in Week 10 of the online course shell. You may also view the article at http://www.journalofaccountancy.com/Issues/2012/Apr/20114183.htm. , Next examine the impact of not considering the current portion of long-term liabilities in the current ratio and working capital. Speculate the major impact that this will have on day- to-day business decisions.
Determine the major implications of a significant positive change in the current ratio. Provide a rationale for your response.
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