General standards of comparisons include the 2:1 level for the current ratio and 1:1 level for the acid-test ratio.

Name: General standards of comparisons include the 2:1 level for the current ratio and 1:1 level for the acid-test ratio.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

These are generally accepted standards for the current ratio and acid-test ratio, respectively. However, it is important to note that these standards may vary depending on industry and specific company circumstances.

General Standards of Comparisons Include the 2:1 Level for the Current