The following information is provided for Journey Inc. and Mastery Inc. Both corporations provide training materials for electricians.
Current Ratio
$$\begin{array} { | l | c | c | }
\hline \text { Company } & \mathbf { 2 0 1 8 } & \mathbf { 2 0 1 9 } \
\hline \text { Journey Inc. } & 1.8 & 1.2 \
\hline \text { Mastery Inc. } & .8 & 1.4 \
\hline
\end{array}$$ 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 Inc. and Mastery Inc. Both corporations provide training materials for electricians.
Current Ratio
 $$\begin{array} { | l | c | c | } 
\hline \text { Company } & \mathbf { 2 0 1 8 } & \mathbf { 2 0 1 9 } \
\hline \text { Journey Inc. } & 1.8 & 1.2 \
\hline \text { Mastery Inc. } & .8 & 1.4 \
\hline
\end{array}$$ 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 Inc. and Mastery Inc. Both corporations provide training materials for electricians.
Current Ratio
 $$\begin{array} { | l | c | c | } 
\hline \text { Company } & \mathbf { 2 0 1 8 } & \mathbf { 2 0 1 9 } \
\hline \text { Journey Inc. } & 1.8 & 1.2 \
\hline \text { Mastery Inc. } & .8 & 1.4 \
\hline
\end{array}$$ 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 Inc A Which Company Has the Stronger Current Ratio for 2018