A Current Ratio of 2

question 96

True/False

A current ratio of 2.0 is desirable and it means that a firm has twice as many current liabilities as current assets.

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Definitions:

Common Cold Virus

The virus responsible for causing the common cold, characterized by symptoms such as sneezing, sore throat, and congestion.

Antigen

A substance that the immune system recognizes as foreign and can trigger an immune response, including the production of antibodies.

Antibody

Proteins produced by the immune system to identify and neutralize foreign objects like bacteria and viruses.

Immune System

The body's defense mechanism against infections, diseases, and other potentially damaging foreign bodies.