Question

    The current ratio can be numerically expressed in the form of the following equation

    A Current ratio = Current assets - current liabilities Correct Answer Incorrect Answer
    B Current ratio= Current assets + current liabilities Correct Answer Incorrect Answer
    C Current ratio = Current assets / current liabilities Correct Answer Incorrect Answer
    D Current ratio = Current assets X current liabilities Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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