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We discuss how and why to know your Current Ratio on this Episode of ‘Entrepreneur In You’ with Dr Maxwell Ampong. Your #CurrentRatio is a financial metric used to evaluate if you can save yourself should anything terrible happen within the short term, let’s say, up to one year.
For# business owners and #entrepreneurs, understanding the Current Ratio is crucial. It's not just a number but a reflection of your immediate financial health.
A strong Current Ratio means you are in an excellent position to grow, #invest in new opportunities, and withstand financial setbacks.
On the other hand, a weak ratio could signal potential trouble ahead, requiring immediate attention to improve the management of your #finances.
Catch 'Entrepreneur In You' ???? Mondays & Thursdays on the JoyNews Prime & DStv Channel 421 at 8:00 PM, on the Joy Business Report Thursdays at 1:00 PM on Joy99.7FM, and also on our social media channels.
For# business owners and #entrepreneurs, understanding the Current Ratio is crucial. It's not just a number but a reflection of your immediate financial health.
A strong Current Ratio means you are in an excellent position to grow, #invest in new opportunities, and withstand financial setbacks.
On the other hand, a weak ratio could signal potential trouble ahead, requiring immediate attention to improve the management of your #finances.
Catch 'Entrepreneur In You' ???? Mondays & Thursdays on the JoyNews Prime & DStv Channel 421 at 8:00 PM, on the Joy Business Report Thursdays at 1:00 PM on Joy99.7FM, and also on our social media channels.
- Category
- Africa
- Tags
- Ghana Economic News, Ghana International News, Business
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