The current ratio is given by:
A. Current assets divided by noncurrent assets.
B. Current assets divided by total assets.
C. Current assets divided by current liabilities.
D. Current assets divided by total liabilities.
Answer:C
The current ratio is given by:
A. Current assets divided by noncurrent assets. B. Current assets divided by total assets. C. Current assets divided by current liabilities. D. Current assets divided by total liabilities.