The ideal norm preferred by Banks for current ratio is __________.

CS Executive · Corporate and Management Accounting · PYQS · June 2022
The ideal norm preferred by Banks for current ratio is __________.
(A) 2:1
(B) 2.2:1
(C) 1.33:1
(D) 1.5:1

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Management Accounting

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