Complete the sentence: Current Ratio = _____ / Current Liabilities
Q.1 (C) (v) Complete the sentence: Current Ratio = _____ / Current Liabilities
Q.1 (C) (v) Complete the sentence: Current Ratio = _____ / Current Liabilities
Best answer
Answer: Current Assets
Current Ratio = Current Assets ÷ Current Liabilities. It shows the short-term liquidity of a business; 2 : 1 is taken as the standard.
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