The Current Ratio Is Calculated as

question 69

Multiple Choice

The current ratio is calculated as

• A)Current assets divided by current liabilities.
• B)Current assets divided by total assets.
• C)Current liabilities divided by current assets.
• D)Current liabilities divided by total liabilities.

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Definitions:

National Labor Union

A historic labor federation in the United States, founded in 1866, that aimed to unify workers across different trades to fight for labor reforms.

Trades

Occupations that typically require specialized skills and knowledge, learned through on-the-job experience or formal training, often involving manual work and craftsmanship.

Crafts

Relates to activities involving skill and artisanship in the creation of handmade goods or the execution of specialized work, often emphasizing traditional techniques.

AFL

The American Federation of Labor, a historic federation of labor unions in the United States, founded to represent the interests of laborers.