General standards or guidelines of comparisons include the 2 to 1 for the current ratio and 1 to 1 for the acid-test ratio.

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The general guideline for the current ratio is 2:1, indicating that a company should have twice as many current assets as current liabilities. For the acid-test ratio, a 1:1 ratio is often considered acceptable, meaning liquid assets should equal current liabilities.

General Standards or Guidelines of Comparisons Include the 2 to 1