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    Culinary, Hospitality, Travel & Tourism
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    Hospitality Financial Management
  4. Exam
    Exam 3: Review of Financial Statements and Selected Ratios
  5. Question
    If Current Liabilities Exceed Current Assets, Then The
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If Current Liabilities Exceed Current Assets, Then The

Question 23

Question 23

Multiple Choice

If current liabilities exceed current assets, then the:


A) current ratio will be less than one.
B) current ratio will be more than one.
C) quick ratio will be more than one.
D) none of the above.

Correct Answer:

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