As a General Rule of Thumb,a Strong Current Ratio Is

question 175

Multiple Choice

As a general rule of thumb,a strong current ratio is:

• A)1.0 or higher.
• B).50 or higher.
• C)1.5 or higher.
• D)none of the above.

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Definitions:

Hourly Wage

A rate of pay given to employees based on the number of hours worked.

Parking

The act of stopping and disengaging a vehicle and leaving it unoccupied, typically in a designated area or space intended for vehicles.

Accounting Profits

The net income for a company calculated by subtracting total expenses from total revenues, according to standard accounting practices.

Cost Per Unit

The amount of financial expense associated with producing a single unit of a product or service.