Multiple Choice
When analyzing a company's current ratio:
A) the current ratio measures the company's ability to pay all liabilities (current and long-term) with current assets.
B) most successful businesses operate with current ratios between 0.1 and 0.5.
C) a current ratio of less than 1.00 means that current liabilities exceed current assets.
D) the industry in which the company operates should not be considered.
Correct Answer:
Verified
Correct Answer:
Verified
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