Multiple Choice
A current ratio of 2.00 indicates that the company has $2 of:
A) current liabilities for every $1 of current assets.
B) total assets for every $1 of current liabilities.
C) current assets for every $1 of current liabilities.
D) total assets for every $1 of current assets.
Correct Answer:
Verified
Correct Answer:
Verified
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