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    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 9: Accounting for Current Liabilities and Payroll
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    How Is the Current Ratio Calculated
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How Is the Current Ratio Calculated

Question 80

Question 80

Multiple Choice

How is the current ratio calculated?


A) Current assets divided by total assets
B) Current assets minus current liabilities
C) Current assets divided by current liabilities
D) Retained earnings divided by current liabilities

Correct Answer:

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