Financial and Managerial Accounting: Information for Decisions
Financial and Managerial Accounting: Information for Decisions
6th Edition
ISBN: 9780078025761
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 13, Problem 2MCQ
To determine

Current ratio:

Current ratio is a measurement tool to identify that whether a company has enough current assets to repay its current liabilities or not.

To compute: The current ratio.

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