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:

U.S. Market

This term refers to the economic market in the United States encompassing the trading of goods, services, securities and commodities.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than others.

Domestic Price

The price level of goods and services within a country's border, reflecting the domestic market's supply and demand conditions.