The following information is provided for Journey Company and Mastery Company.Both companies provide training materials for electricians.
$$\begin{array} { | l | c | c | }
\hline \text { Company } & 2018 & 2019 \
\hline \text { Tourney Company's Current Ratio } & 1.8 & 1.2 \
\hline \text { Mastery Company's Current Ratio } & .8 & 1.4 \
\hline
\end{array}$$ a.Which company has the stronger current ratio for 2018 and 2019? Defend your answer.
b.Discuss the change in current ratio for each company.

Question

The following information is provided for Journey Company and Mastery Company.Both companies provide training materials for electricians.
 $$\begin{array} { | l | c | c | } 
\hline \text { Company } & 2018 & 2019 \
\hline \text { Tourney Company's Current Ratio } & 1.8 & 1.2 \
\hline \text { Mastery Company's Current Ratio } & .8 & 1.4 \
\hline
\end{array}$$ a.Which company has the stronger current ratio for 2018 and 2019? Defend your answer.
b.Discuss the change in current ratio for each company.

Quizplus · Accepted Answer

The Answer of The following information is provided for Journey Company and Mastery Company.Both companies provide training materials for electricians.
 $$\begin{array} { | l | c | c | } 
\hline \text { Company } & 2018 & 2019 \
\hline \text { Tourney Company's Current Ratio } & 1.8 & 1.2 \
\hline \text { Mastery Company's Current Ratio } & .8 & 1.4 \
\hline
\end{array}$$ a.Which company has the stronger current ratio for 2018 and 2019? Defend your answer.
b.Discuss the change in current ratio for each company.

The Following Information Is Provided for Journey Company and Mastery