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Discuss the usefulness of each measure of financial

Question: Analyzing financial strength Instructions:

1. Obtain the financial statements of two corporations from two different industries. Calculate the amount of working capital and the current ratio of each corporation.

2. Discuss the usefulness of each measure of financial strength between the companies in each industry and among the different industries.

3. The current ratio is often considered to be acceptable within a specified range. Investigate why a current ratio being too high might be undesirable.

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Accounting Basics: Discuss the usefulness of each measure of financial

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Accounting Basics: Discuss the usefulness of each measure of financial

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