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The cash ratio is mostly made use of as a measure of a firm's liquidity. If the corporation is pressured to pay for all latest liabilities promptly, this metric exhibits the corporation's power to achieve this while not having to provide or liquidate other belongings.
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Right after two tranquil minutes in the next quarter, the Huskies’ offense acquired its jolt as Fudd built a two-stage basket and Griffin scored off a Dorka Juhasz steal.
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A cash ratio is expressed to be a numeral, bigger or fewer than 1. On calculating the ratio, if the result is equivalent to 1, the company has the exact same amount of current liabilities as it does cash and cash equivalents to pay off People debts.
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As his occupation was getting off from the late fifties, Cash started drinking heavily and became hooked on amphetamines and barbiturates. For a short time, he shared an apartment in Nashville with Waylon Jennings, who was deeply addicted to amphetamines.