Which of the following would be considered the POOREST current ratio?
A) 0.5
B) 1.1
C) 1.3
D) 1.8

Question

Quizplus · Accepted Answer

A current ratio of 0.5 indicates that the company has less current assets than current liabilities, meaning it may struggle to meet its short-term financial obligations. Choices B, C, and D all have current ratios above 1, indicating that the company has enough current assets to cover its current liabilities.

Which of the Following Would Be Considered the POOREST Current