Analyze the short term liquidity ratio


Problem:

In viewing Jamba's balance sheet their 2013 current assets were $56,683,000 and their current liabilities were $61,873,000 which equaled 0.92 current liquidity ratios.

Question: Analyze the short term liquidity ratio. Please provide step by step solution and show all work.

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Finance Basics: Analyze the short term liquidity ratio
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