One of the first ratios used to determine and analyze Wendy’s liquidity and compare it against Sonic Drive-In is the current ratio. A general rule of thumb is that as long as the current ratio is one or above then the company has the ability to pay off its debts and short-term commitments. By looking at the current ratio for Wendy’s we can
One of the first ratios used to determine and analyze Wendy’s liquidity and compare it against Sonic Drive-In is the current ratio. A general rule of thumb is that as long as the current ratio is one or above then the company has the ability to pay off its debts and short-term commitments. By looking at the current ratio for Wendy’s we can