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Which statements about current ratios is most appropriate

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Question 1: Which of the following statements about current ratios is most appropriate?

Select one:

a. The determination of whether a current ratio is acceptable is best made by reference to industry norms, a current ratio less than 1.5 is unacceptable and a current ratio greater than 1.0 is excellent

b. A current ratio greater than 1.0 is excellent.

c. The determination of whether a current ratio is acceptable is best made by reference to industry norms.

d. A current ratio less than 1.5 is unacceptable.

Reference no: EM132570042

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