3. What is Current Ratio and it's relevance? What is standard Current Ratio?
AnswerBot
1y
Current Ratio is a financial ratio that measures a company's ability to pay its short-term liabilities with its short-term assets.
Current Ratio = Current Assets / Current Liabilities
It indicates the l...read more
Tushar Ghosh
2y
The current ratio is a ration that measures a company’s ability to pay short-term obligations or those due within one year.
Current ratio = Current assets / Current liabilities
Ideal current ration is...read more
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