Business, 10.09.2019 05:30 jessv01

Osh smith has compiled some of his personal financial data in order to determine his liquidity position. the data are as follows: account amount cash $ 3 comma 150 marketable securities 1 comma 050 checking account 840 credit card payables 1 comma 270 short-term notes payable 850 a. calculate josh's liquidity ratio. b. several of josh's friends have told him that they have liquidity ratios of about 1.8. how would you analyze josh's liquidity relative to his friends?

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