This type of ratio is used to determine if a company has the resources available to meet the claims of short-term creditors:
A)ROI
B)quick ratio
C)current ratio
D)inventory turnover
E)days sales outstanding

Question

Quizplus · Accepted Answer

The current ratio measures a company's ability to pay off its short-term liabilities with its short-term assets, indicating if it has enough resources to meet the claims of short-term creditors.

This Type of Ratio Is Used to Determine If a Company