Small Business Management 6th Edition by Timothy Hatten

تمرين 21

You are analyzing the financial records of a business you have been thinking about buying. You discover that although the firm has excellent current and quick-asset ratios by industry standards (meaning its current assets are higher than its current liabilities), its cash is low, and it hasn't paid its bills on time. What might have caused this problem? Would it influence your decision to buy the business?