The current ratio is computed by dividing current liabilities by current assets.
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Q50: Current assets and current liabilities for
Q51: Any 12-month accounting period adopted by a
Q52: The current ratio is more useful than
Q53: The majority of businesses end their fiscal
Q54: The unadjusted, adjusted, and final trial balances
Q56: Once an account has been closed for
Q57: The ability of a business to pay
Q58: The ability to convert assets into cash
Q59: Working capital is the excess of the
Q60: A fiscal year that ends when business
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