Accountancy, asked by prateekshakhaira394, 18 days ago

discuss the meaning & significance of current ratio & Acid list ratio in analysing the balance sheet​

Answers

Answered by priti021495
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Answer:

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Explanation:

What Is the Current Ratio?

The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables.

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