THE EXAMINER’S MICHAEL REED reports that METRO’s liquidity ratio — a key measure of an organization’s ability to pay short-term debt — has dropped to its worst level in five years (0.86 to 1).
The federal government prefers that agencies have at least a 1 to 1 ratio. In typical government-speak, METRO insists its ratio would look better if only the federal government would give it more money!
