Good day, everyone. Class, the current ratio presents the number of dollars of current assets to each dollar of

current liabilities. The quick ratio, by omitting the less liquid current assets of prepaid items and inventories, measures immediate debt-paying ability. Both the current and quick ratios are used to measure short-term debt-paying ability.

Folks, describe the factors involved in communicating useful financial information.

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"