The Current Ratio

question 125

Multiple Choice

The current ratio

• A)is generally smaller than the quick ratio.
• B)decreases when a company becomes more liquid.
• C)increases when a company allows more customers to charge on account instead of collecting cash.
• D)is larger when a company is more liquid.

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Definitions:

Prevalence Of Low Income

The widespread occurrence or extent of low income levels within a specific population, often indicating socioeconomic challenges.

Single-Parent Families

Family units consisting of one parent living with their children, without the involvement of a second parent in the household.

Immigrants

Individuals who move to a country different from their place of birth to reside permanently.

Rural Area

A geographic area characterized by low population density and vast open spaces, often associated with farming or undeveloped land.