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Subject:
Accounting Question 6
Category: Reference, Education and News > Homework Help Asked by: wbwillson-ga List Price: $6.00 |
Posted:
12 Jun 2004 01:43 PDT
Expires: 14 Jun 2004 13:08 PDT Question ID: 359995 |
Choosing Wendy's or McDonald's? Assume that you have several thousand dollars to invest in the stock market. Given that ?people will always have to eat,? you have decided to explore the possibility of investing in Wendy?s and McDonald?s. Your analysis of each company?s financial statements reveals that both have negative working capital and both have current and quick ratios of less than 1 to 1. Based on your findings, should you be concerned about the short-term liquidity (solvency) of these two companies? Explain. |
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