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:

Crowdfunding Campaign

A method of raising capital through the collective effort of friends, family, customers, and individual investors, typically via the internet.

Fundraising Goal

refers to a specific monetary target set by an organization or individual to be raised within a set period for a particular purpose or project.

Seek Advice

The process of asking for guidance or recommendations from others, typically more experienced individuals, to make informed decisions or solve problems.

Investor Model

A business strategy that focuses on attracting outside investors to provide the capital necessary for growth or startup, often with the promise of future returns.