If the people below,with their respective current ratios,were to lose their jobs today,which one would have more time and more choices until he or she found another job?
A)Christy has a current ratio of 0.85 times.
B)Rick has a current ratio of 2.5 times.
C)Andrew has a current ratio of 1 time.
D)There is not enough information to answer this question.

Question

Quizplus · Accepted Answer

Current ratio measures the ability of a person to meet their short-term liabilities using their current assets. The higher the current ratio, the better the ability to meet short-term liabilities. If a person loses their job, having a higher current ratio provides more time to find another job as they have more resources to sustain themselves. Therefore, Rick with a current ratio of 2.5 times would have more time and more choices until he finds another job.

If the People Below,with Their Respective Current Ratios,were to Lose