True/False
A current ratio of 2.0 is desirable and it means that a firm has twice as many current liabilities as current assets.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q91: The average collection period is measured in
Q92: If a firm's fixed financial costs decrease,
Q93: Which of the following is not a
Q94: Rental or lease payments are included in
Q95: The contribution margin represents contribution of each
Q97: The operating break-even sales level is sensitive
Q98: If a firm's sale price per unit
Q99: The technique of breaking return on assets
Q100: The break-even quantity is inversely related to
Q101: The current ratio of a firm with