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Historically, It Was Thought That the Current Ratio Should Be

Question 27

Short Answer

Historically, it was thought that the current ratio should be _________, but more recently, many firms that are financially strong operate with current ratios of ___________.
at least 10:1; less than 5:0
more than 7:1; 2.0
less than 5:1; more than 10:1
2:1; less than 2:1
3:1; less than 5:1

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