Question

what is the expected standard for current ratio ​

Answer 1

Answer:

acceptable current ratios vary from industry to industry and are generally between 1.5 to 3 for healthy business.

Explanation:

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Answer 2

Answer:

2:1 is the standard for current ratio.

Current ratio in a business indicates the availability of current assets to meet its current liabilities.

Explanation:

2 is the standard for current assets for each unit of current liabilities.

Current ratio is calculated by dividing current assets and current liabilities.

Current ratio varies from industry to industry depending on the characteristics of the industry.