Question : Which of the following is the "Ideal Current Ratio"?
Option 1: 2: 1
Option 2: 1: 3
Option 3: 1: 2
Option 4: 1: 1
Answer (1)
13th Jan, 2024
Correct Answer: 2: 1
Solution :
The ideal level of the current ratio is 2:1.
It means assets must be double of current liability.
Hence the option 1 is correct.
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