Wednesday, February 3, 2010

A current ratio of 2 to 1 is always acceptable, for a company in any industry. TRUE OR FALSE?

A current ratio of 2 to 1 is always acceptable, for a company in any industry. TRUE OR FALSE???A current ratio of 2 to 1 is always acceptable, for a company in any industry. TRUE OR FALSE?
False - a bank may want a higher ratio before making a loan. It would depend on the industry

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