Examveda
Examveda

Current ratio =

A. Quick assets/Current liabilities

B. Current assets/Current liabilities

C. Debt/Equity

D. Current assets/Equity

Answer: Option B

Solution(By Examveda Team)

Current ratio = Current assets/Current liabilities. Current ratio is a comparison of current assets to current liabilities, calculated by dividing your current assets by your current liabilities.

Join The Discussion

Related Questions on Accounting