As a Rule of Thumb,a Strong Current Ratio Is

question 60

Multiple Choice

As a rule of thumb,a strong current ratio is:

• A)1.0.
• B).50.
• C)1.5.
• D)none of the above.

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Definitions:

Low-cost Diversification

A financial strategy that involves spreading investments across various assets to reduce risk without incurring significant expenses.

Professional Management

The oversight of investment portfolios by specialists who make decisions about asset selection and allocation, aiming to achieve specific financial goals.

Net Asset Value

The total value of a fund's assets minus its liabilities, often used in the context of mutual funds to represent the per-share/unit value of the fund.

Assessment Value

The dollar value assigned to a property for purposes of measuring applicable taxes or insurance premiums.