In the mid 2000s,when the Canadian Curling Association (CCA)was facing a seven-figure deficit,which financial ratio was likely most important to the CCA?
A)current ratio
B)times interest earned
C)total asset turnover
D)return on investment
E)economic value added

Question

Quizplus · Accepted Answer

The current ratio is important for assessing an organization's ability to pay off its short-term liabilities with its short-term assets, which is crucial when facing a financial deficit.

In the Mid 2000s,when the Canadian Curling Association (CCA)was Facing