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  • Commerce Mixed Test
  • The sound solvency position in current ratio is
Multiple choice

The sound solvency position in current ratio is

  1. 2 : 1

  2. 1 : 2

  3. 0 : 1

  4. 1 : 1

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Right answer, because current assets here are more equal to current liability and it shows that our payable capabilities are more then liability. This is the main reason that it is the right answer.

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