A High Current Ratio Means That a Company's Current Assets

question 46

True/False

A high current ratio means that a company's current assets represent a relatively large portion of total assets.

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Definitions:

United States

A country in North America consisting of 50 states, known for its large economy, diverse population, and significant cultural and political influence worldwide.

Mexico

A country in North America, bordered by the United States to the north, the Pacific Ocean to the south and west, Guatemala, Belize, and the Caribbean Sea to the southeast, and the Gulf of Mexico to the east.

1910

Refers to the year which marked significant events globally such as the start of the Mexican Revolution and advancements in technology and society at the early 20th century.

Late Nineteenth Century

A period from 1870 to 1900 characterized by significant industrial, social, and political changes in many parts of the world.