Two companies have the same working capital.the current dept paying ability of one company is than that of the other.explain?

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Two companies have the same working capital the debt paying ability of one comp...
Posted by:
swathi ramesh
22-February-2016

Accounting E1

Question added by Deleted user
Date Posted: 2016/02/25

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by Deleted user

even if both companies have the same working capital but they have different value of current assets and equity then the company who have higher value of current assets and equity that company is more capable of paying current debt liability than the other

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Two companies have the same working capital.the current dept paying ability of one company is than that of the other.explain?

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