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ID number:926974
Evaluation:
Published: 14.11.2005.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Based on information taken from both the companies' financial statements, which can be located on their websites, a quick ratio was performed to measure the liquidity of both the companies. The quick ratio measures the liquidity of a company by performing a Wal-Mart the result showed 1.02 compared to targets 1.53 ("Walmart's Financial Center"). The quick ratio is used to measure the short term liquidity of a company. It is a measure in the ability of a company to pay its current liabilities based on available cash, short term investments, and receivables. …

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