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    Essentials of Corporate Finance Study Set 3
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    Exam 3: Working With Financial Statements
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    The Current Ratio Is Defined as Current Assets
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The Current Ratio Is Defined as Current Assets

Question 24

Question 24

Multiple Choice

The current ratio is defined as current assets:


A) minus current liabilities
B) plus current liabilities
C) divided by total assets
D) divided by current liabilities
E) multiplied by the total asset turnover

Correct Answer:

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