Which type of ratio measures the dollars of current assets available to pay each dollar of current liabilities
A) cross-section
B) current
C) internal-growth
D) quick or acid-test

Question

Quizplus · Accepted Answer

The current ratio measures the dollars of current assets available to pay each dollar of current liabilities, indicating a company's ability to pay its short-term obligations with its short-term assets.

Which Type of Ratio Measures the Dollars of Current Assets