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Discuss a financial ratio, its primary users (i.e., management, creditors, investors, etc.) and what the financial ratio indicates? You should then comment on how the ratio could be manipulated by financial managers (Example: a financial manager could borrow, for one year and one day, significant funds the day before the balance sheet was prepared? This would significantly improve the company’s current ratio in the firm’s annual reports. Then, the financial manager could repay the loan the next day).

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92322033

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