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A Current Ratio of 1

question 224

True/False

A current ratio of 1.2 to 1 indicates that a company's current assets exceed its current liabilities.


Definitions:

N-Butylamine

A primary amine with the formula CH3(CH2)3NH2, used in various industrial and chemical processes.

Diethylamine

An organic compound, a secondary amine with the formula (C2H5)2NH, widely used as a building block in organic synthesis.

Pentanal

A five-carbon straight-chain aldehyde with the formula C5H10O, characterized by having a terminal carbonyl group.

Ethylamine

A simple organic compound (C2H5NH2) characterized by an ethyl group attached to an amine group, used in chemical synthesis.

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