Faecal coliform is as an important indicator of water pollution. It represents the microorganisms present in the water due to the presence of faecal material of human and animals.
Biochemical Oxygen Demand (BOD) has been identified as an indicator of water pollution in the previous article. A level higher than 3mg/L is not suitable for drinking.
In this article, the impact of M&A on the acquiring firms’ current ratio is tested. The current ratio is one of the key ratios indicating the financial performance of a firm.