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    Issues in Financial Accounting Study Set 1
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    Exam 17: Financial Reporting: Segment Reporting and Highlights Statements
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    The 'Current Ratio' Is Usually Calculated As
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The 'Current Ratio' Is Usually Calculated As

Question 18

Question 18

Multiple Choice

The 'current ratio' is usually calculated as:


A) current assets minus goodwill ÷ current liabilities
B) current assets ÷ current liabilities
C) current assets excluding inventory ÷ current liabilities
D) current liabilities ÷ current assets

Correct Answer:

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