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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