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Answer Posted / ganesh y kambli.
Mr. P.Sheshu Kumar I think your answer is wrong coz you have written the formula of "WORKING CAPITAL" & the question is What is the Meaning of Current ratio? So, pls if u don't know right answer then pls don't give wrong direction to someone.
Now I'm coming to answer,
Current Ratio = Current Assets / Current Liabilities
Current Ratio shows us Short Term Stability of Co.
And its Standard is 2:1
If I m wrong then Viewers pls give me correct answer.
ganesh15081984@gmail.com
| Is This Answer Correct ? | 3 Yes | 0 No |
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