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re: Excess Cash on Hand - Businesses
Posted on 3/11/15 at 2:21 pm to TheDirty1
Posted on 3/11/15 at 2:21 pm to TheDirty1
They don't base it on expenses normally. It's a liquidity calculation. You normally want to see a current ratio of above 1.
There is also the quick ratio, but that's not as commonly used.
There is also the quick ratio, but that's not as commonly used.
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