Current ratio = Current Asset ÷?
Current ratio = Current Asset ÷?
A. Total Liability
B. Current Liability
C. Total Equity
D. Long-term debt
Answer: B
Rationale: Classic short-term liquidity calculation formula.
Current ratio = Current Asset ÷?
Current ratio = Current Asset ÷?
A. Total Liability
B. Current Liability
C. Total Equity
D. Long-term debt
Answer: B
Rationale: Classic short-term liquidity calculation formula.