Apple Inc. is a good example of a company that effectively utilizes its current assets to cover short-term obligations. The company has a high current ratio, which indicates that it has more current assets than current liabilities. This means that Apple can easily cover its short-term obligations using its current assets, which include cash, inventory, and receivables. The company's effective management of its current assets is one of the reasons for its financial stability and success.
How to clearly show the performance of your organization with numbers? The three financial statement...
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