A business is considered to be financially efficient: 1.If they have more current assets than current liabilities 2.If they use their capital effectively 3. If they have more assets than liabilities 4.If they have more liabilities than assets

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter1: Accounting And The Financial Statements
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A business is considered to be financially efficient: 1.If they have more current assets than current liabilities 2.If they use their capital effectively 3. If they have more assets than liabilities 4.If they have more liabilities than assets
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