In General,a Current Ratio of 2:1 or Higher Is Satisfactory

question 164

True/False

In general,a current ratio of 2:1 or higher is satisfactory.

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Definitions:

Petrobras

A Brazilian multinational corporation in the petroleum industry that is among the largest energy firms in the world.

Environmental Performance

A measure of how well an organization or activity minimizes its impact on the environment, often evaluated against specific standards or regulations.

Regulatory Compliance

involves adhering to laws, regulations, guidelines, and specifications relevant to a business or activity.

Health And Safety

The discipline and practices aimed at minimizing health hazards and ensuring a safe environment for workers in the workplace.