Understand what the current ratio measures, why it matters, and how to use it to assess and improve short-term liquidity.
Carnival is the biggest cruising company in the world. Carnival owns six separate cruise lines and travels to thousands of destinations around the world. However, over the past five years Carnival has ...
Liquidity ratios reveal a company's capability to cover short-term debts using available assets. Important types include the cash ratio, quick ratio, current ratio, and operating cash flow ratio. A ...
When a business offers credit to a favorite customer, loyalty and the desire to make the sale often play roles in the move. But one thing the financial crisis taught American businesses is that it’s ...