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Calculate the Current Ratio and the Acid-Test Ratio

question 49

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Calculate the current ratio and the acid-test ratio. Is the company healthy based on the guidelines given in the text?
-Calculate the current ratio and the acid-test ratio. Is the company healthy based on the guidelines given in the text? -  A) Current ratio = 1.31 which is too low Acid-test ratio = 2.09 which is fine B) Current ratio = 2.09 which is fine Acid-test ratio = 1.60 which is fine C) Current ratio = 2.09 which is fine Acid-test ratio = 1.31 which is fine D) Current ratio = 1.60 which is low Acid-test ratio = 1.31 which is fine


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