The following information refers to Annie's Attic and competitors in the antiques business.
$$\begin{array} { | l | r | r | }
\hline & \text { Current Ratio } & \text { Quick Ratio } \
\hline \text { Arrie's Attic } & 1.7 \text { to } 1 & .85 \text { to } 1 \
\hline \text { Bart's Basernent } & 1.3 \text { to } 1 & .90 \text { to } 1 \
\hline \text { Chisolm's Collectibles } & 1.5 \text { to } 1 & 1.1 \text { to 1 } \
\hline \text { Martin's Meubles } & 1.6 \text { to 1 } & .7 \text { to } \
\hline
\end{array}$$ Information:
Comment on the relative liquidity positions of the companies.

Question

The following information refers to Annie's Attic and competitors in the antiques business.
 $$\begin{array} { | l | r | r | } 
\hline & \text { Current Ratio } & \text { Quick Ratio } \
\hline \text { Arrie's Attic } & 1.7 \text { to } 1 & .85 \text { to } 1 \
\hline \text { Bart's Basernent } & 1.3 \text { to } 1 & .90 \text { to } 1 \
\hline \text { Chisolm's Collectibles } & 1.5 \text { to } 1 & 1.1 \text { to 1 } \
\hline \text { Martin's Meubles } & 1.6 \text { to 1 } & .7 \text { to } \
\hline
\end{array}$$ Information:
Comment on the relative liquidity positions of the companies.

Quizplus · Accepted Answer

The Answer of The following information refers to Annie's Attic and competitors in the antiques business.
 $$\begin{array} { | l | r | r | } 
\hline & \text { Current Ratio } & \text { Quick Ratio } \
\hline \text { Arrie's Attic } & 1.7 \text { to } 1 & .85 \text { to } 1 \
\hline \text { Bart's Basernent } & 1.3 \text { to } 1 & .90 \text { to } 1 \
\hline \text { Chisolm's Collectibles } & 1.5 \text { to } 1 & 1.1 \text { to 1 } \
\hline \text { Martin's Meubles } & 1.6 \text { to 1 } & .7 \text { to } \
\hline
\end{array}$$ Information:
Comment on the relative liquidity positions of the companies.

The Following Information Refers to Annie's Attic and Competitors in the Antiques