Which of the following would be considered the weakest current ratio?
A) 0.35
B) 1.00
C) 1.25
D) 2.50

Name: Which of the following would be considered the weakest current ratio? A) 0.35 B) 1.00 C) 1.25 D) 2.50
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Question

Quizplus · Accepted Answer

A current ratio of 0.35 indicates that a company may have difficulty meeting its short-term obligations and may be at risk of defaulting on its debts. A current ratio of 1.00 or higher is generally considered to be a good indication of a company's ability to meet its short-term liabilities.

Which of the Following Would Be Considered the Weakest Current