As a general rule of thumb,a strong current ratio is:

Name: As a general rule of thumb,a strong current ratio is:
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A strong current ratio indicates that a company has enough current assets to cover its current liabilities. A ratio above 1.0 means that there are more current assets than current liabilities, but a ratio of 1.5 or higher indicates that there is a significant cushion of current assets available to cover short-term obligations. Therefore, C)1.5 or higher is the best choice.

As a General Rule of Thumb,a Strong Current Ratio Is