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Discuss the shortcomings of making such a conclusion

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Reference no: EM133100663

Question - After calculating the current ratio for an entity and finding that the ratio's value was 5:1, a student decided that the company was in a sound position for paying its liquid liabilities. Discuss the shortcomings of making such a conclusion.

Explain the association between the profit margin and asset turnover.

Reference no: EM133100663

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