A Current Ratio of Less Than 1

question 103

True/False

A current ratio of less than 1.0 means that current assets exceed current liabilities.

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Definitions:

Buying Pattern

The habitual purchasing behavior exhibited by consumers or organizations, often influenced by factors like seasonality, economic conditions, and marketing efforts.

Promotion Period

A specific time frame during which marketing efforts or special offers are intensified to stimulate sales or awareness.

Hydrostatic Pressure

The pressure exerted by a fluid at equilibrium due to the force of gravity acting upon it.

Filtration Membrane

A biological or synthetic membrane that acts as a selective barrier, allowing some substances to pass while blocking others, especially used in filtering substances from the blood in the kidneys.