ACC560 week 10 Discussion

Read the article titled, “The Missing Piece in Liquidity Calculations,” located in Week 10 of the online course shell. You may also view the article at http://www.journalofaccountancy.com/Issues/2012/Apr/20114183.htm. , Next examine the impact of not considering the current portion of long-term liabilities in the current ratio and working capital. Speculate the major impact that this will have on day- to-day business decisions.

Determine the major implications of a significant positive change in the current ratio. Provide a rationale for your response.