An advantage of the current ratio is that it considers the makeup of the current assets....

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Question

An advantage of the current ratio is that it considers the makeup of the current assets....

An advantage of the current ratio is that it considers the makeup of the current assets.

True

False

business accounting

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Answer 1

Answer #1

False

The statement given is false. Current ratio measures the ability of company to pay its liabilities promptly. Soit doesn't consider the makeup of current assets

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Answer 2

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An advantage of the current ratio is that it considers the makeup of the current assets....

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The liquidity ratio that consists of current assets divided by current liabilities is called the current...

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An advantage of the current ratio is that it considers the makeup of the current assets....

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An advantage of the current ratio is that it considers the makeup of the current assets....