The financial index which compares current assets directly with current liabilities is known as current
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Correct Answer: Option C
Explanation:
The current ratio compares a company's current assets with its current liabilities. It is used to assess the ability of a business to meet its short-term obligations. The ratio is calculated by dividing current assets by current liabilities.
The current ratio compares a company's current assets with its current liabilities. It is used to assess the ability of a business to meet its short-term obligations. The ratio is calculated by dividing current assets by current liabilities.