As a rule of thumb,a business starts to have trouble when its current liabilities to net worth ratio exceeds 50%.
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Q2: The lower the current ratio,the more likely
Q3: The use of rule-of-thumb measures is superior
Q4: Accounting methods may be a source of
Q5: Profitability is the ability to pay bills
Q8: Disclosure of segment information is useful in
Q11: A limitation of using industry norms in
Q13: Both diversified companies and conglomerates operate in
Q15: Rule-of-thumb measures are the most precise and
Q19: Companies in the same industry are not
Q20: Interim financial statements report data for a
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