Using current ratios on document need summary and conclusion

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Madhulika · Accepted Answer

Summary
The current ratio represents the liquidity position of a business.  It measures the ratio of current assets to current liabilities which means that it depicts the amount of immediate assets available with the business to meet its current and immediate obligations.  Ideally this ratio should be greater than one which means that current assets should be sufficient to meet current obligations. 
In this scenario, Celgene Corporation has a current ratio of 3.67.  This implies that the company has 3.

Using current ratios on document need summary and conclusion

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