What is the current ratio?
A . The current ratio is a measure of a company’s ability to cover medium term obligations Current ratio = current assets/current liabilities
B. The current ratio is a measure of a company’s ability to cover long term obligations Current ratio = current assets/current liabilities
C. The current ratio is a measure of a company’s ability to cover immediate obligations Current ratio = current assets/current liabilities
D. The current ratio is a measure of a company’s ability to cover short term obligations Current ratio = current assets/current liabilities
Answer: D
Latest ASIS-APP Dumps Valid Version with 227 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund