CHAPTER 16

(2) Current Ratio = 2012: = 3.2 2011: = 2.5 (3) Quick Ratio = 2012: = 2.0 2011: = 1.7. b. The liquidity of Beatty has improved from the preceding year to the current year. The working capital, current ratio, and quick ratio have all increased. Most of these changes are the result of an increase in current assets. Ex. 15–7. a. (1) Current Ratio = ................
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