If the current ratio is just over 1.0, it reveals to the company they have just enough money to meet _________ percent of their short-term obligations.
A) 0
B) 50
C) 75
D) 100

Name: If the current ratio is just over 1.0, it reveals to the company they have just enough money to meet _________ percent of their short-term obligations. A) 0 B) 50 C) 75 D) 100
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Question

Quizplus · Accepted Answer

If the current ratio is over 1.0, it tells us that the company has just enough money to meet all of its short-term obligations.

If the Current Ratio Is Just Over 1