Accountancy, asked by Gurpawan97, 1 year ago

if the current ratio is 2 then what is the relationship between the current assets and current liabilities

Answers

Answered by Sagarkumar82826

1

Answer:

If the current ration is 2 of the firm, which means that Value of current asset in the firm is double the value of current liabilities.

If Current ratio of Firm is 2, it shows the growth of firm.

Explanation:

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