If the current ratio is very high, then .........

CS Executive · Corporate and Management Accounting · PYQS · June 2023
If the current ratio is very high, then .........
(A) positive impact on the profitability of the organization
(B) no impact on the profitability of the organization
(C) adverse impact on the profitability of the organization
(D) sometimes profitability may affect

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Statement Analysis

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic