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According to CGK, a generation is a group of people born around the same time and raised around the same place. People in this “birth cohort” exhibit similar characteristics, preferences, and values over their lifetimes. For the purposes of this report, it’s important to understand how we define generational age groups based on the year they begin and end. As Gen Z ages, studies and purchasing behaviors hint that they haven’t been able to shake their financial instability concerns. They’re looking for
Let’s say that XYZ company has current assets of $8 million and current liabilities of $4 million. The firm with more cash among its current assets would be able to pay off its debts more quickly than the other. Liquidity ratios measure a company’s ability to pay off its short-term debts as they become due, using the company’s current or quick assets. It measures a company’s ability to generate net profit from each dollar of revenue. This ratio shows us whether