Question

Generally current Ratio should be a) 2:1 b) 1:1 c) 1:2 d) 3:1
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Answer 1

Answer:

This statement is False. Usually current ratio should be 2:1. It means current assets are double of current liabilities.

Answer 2

This statement is False. Usually current ratio should be 2:1. It means current assets are double of current liabilities.