The astute financial manager will seek to attain the highest current ratio possible.

Name: The astute financial manager will seek to attain the highest current ratio possible.
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Question

Quizplus · Accepted Answer

While a higher current ratio can indicate good liquidity, seeking the highest possible ratio is not always beneficial as it may suggest that the company is not using its current assets efficiently or is not investing excess cash to generate higher returns.

The Astute Financial Manager Will Seek to Attain the Highest