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Abstract
The aim of current study is to analyse short term liquidity positions of five major FMCG companies in India i.e. Marico Limited, Emami Limited, Colgate Palmolive (India) Limited, Zydus Wellness Limited and Jyothy Laboratories Limited with the assistance of cash ratio. With an aim to improve quality of study, a comparison is made between cash ratio of all the five companies and ANOVA test is applied. The aim of ANOVA test is to find out whether there is a significant difference between cash ratio of all the five companies under study.