What Does the Current Ratio Inform You About a Company

question 161

Multiple Choice

What does the current ratio inform you about a company?

• A) The extent of slow-moving inventories.
• B) The efficient use of assets.
• C) The company's liquidity.
• D) The company's profitability.

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Definitions:

Statute of Frauds

A legal principle that requires certain types of contracts and agreements to be in writing to be legally enforceable.

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