Multiple Choice
Which of the following statements about the current ratio is not correct?
A) When making comparisons across companies,it's far easier to express the relationship as a ratio.
B) The current ratio is used to evaluate a company's ability to pay current obligations.
C) Having more current assets than current liabilities will yield a current ratio less than 1.0.
D) A high current ratio suggests good liquidity.
Correct Answer:
Verified
Correct Answer:
Verified
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