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1. Compute the current ratio of 5 points a company with 10 million current assets and 1 million current liabilities. Based on your computation, which
1. Compute the current ratio of 5 points a company with 10 million current assets and 1 million current liabilities. Based on your computation, which is NOT TRUE below? * a. The current ratio is 10 which means the company's currents assets are 10 times more than its current liabilities. b. For every 1 peso of current O assets, the company has 10 pesos of current liabilities. O c. The higher the ratio, the better. O d. All of the above is TRUE
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