of the following is considered the highest current ratio?
A) .6
B) 1.0
C) .8
D) 1.5

Question

Quizplus · Accepted Answer

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. A higher current ratio indicates a stronger liquidity position. Among the given options, 1.5 is the highest current ratio, indicating the strongest ability to cover short-term liabilities with short-term assets.

Of the Following Is Considered the Highest Current Ratio