Question

What is the standard ratio for current ratio?

Answer 1

Answer:

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Explanation:

The current ratio is a financial ratio that measures whether or not a firm has enough resources to pay its debts over the next 12 months. Current ratio = current assets / current liabilities. Acceptable current ratios vary from industry to industry and are generally between 1.5 and 3 for healthy businesses.

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Answer 2

Explanation:

between 1.5 and 3

The current ratio is a financial ratio that measures whether or not a firm has enough resources to pay its debts over the next 12 months. Current ratio = current assets / current liabilities. Acceptable current ratios vary from industry to industry and are generally between 1.5 and 3 for healthy businesses.