Question

13. A business is likely to have sufficient working capital if the current ratio is between?

a. 0 and 1
b. 1.5 and 2
c. 1 and 2
d. 2 and 3​

Answer 1

Step-by-step explanation:

Most analysts consider the ideal working capital ratio to be between 1.5 and 2. 12 As with other performance metrics, it is important to compare a company's ratio to those of similar companies within its industry.