The Numbers
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Just a note on how to 'read' and use the various ratios that you are calculating. For example:
Current Ratio for 2016 = Current Assets / Current Liabilities
= $1,946,802 / $1,328,960 = 1.5
This can be referred to as:
Percentage: Current Assets are 150% of Current Liabilities
-or-
Rate: Current Assets are 1.5 times as great as Current Liabilities
-or-
Proportion: The relationship of Current Assets to Current Liabilities is 1.5:1