Multiple Choice
A current ratio above 2.00 would indicate that a company has:
A) $2 of current liabilities for every $1 of current assets.
B) $2 of total assets for every $1 of current liabilities.
C) at least $2 of current assets for every $1 of current liabilities.
D) excellent cash flow.
Correct Answer:
Verified
Correct Answer:
Verified
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