Accounting · Ratio Analysis
Which of the following formulas correctly defines the Current Ratio?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Current Ratio = Current AssetsCurrent Liabilities✓
- 2Current Ratio = Fixed AssetsCurrent Liabilities
- 3Current Ratio = Total DebtCurrent Assets
- 4Current Ratio = Total DebtTotal Equity
Correct answer
Current Ratio = Current AssetsCurrent Liabilities
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