Which of the following would be considered the POOREST current ratio?
A)1.8
B)1.3
C)1.1
D)0.5

Name: Which of the following would be considered the POOREST current ratio? A)1.8 B)1.3 C)1.1 D)0.5
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Question

Quizplus · Accepted Answer

The current ratio is calculated as current assets divided by current liabilities. A ratio of 0.5 indicates that the company has only 50 cents in current assets for every dollar of current liabilities, which is the poorest among the given options.

Which of the Following Would Be Considered the POOREST Current