Generally Speaking,which Appears to Be a Desirable Current Ratio

question 31

Multiple Choice

Generally speaking,which appears to be a desirable current ratio?

• A)20 to 1.
• B)1 to 20.
• C)2 to 1.
• D)1 to 2.

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Definitions:

Plantation Economy

An economic system heavily based on agricultural production, often on a large scale, specializing in cash crops, and reliant on the labor of enslaved or indentured workers.

Colonization

The action or process of settling among and establishing control over the indigenous people of an area, often leading to the exploitation and cultural assimilation of those people.

Financng

The act of providing or securing funds or capital for business investment, purchase, or other monetary needs.