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Irma's current ratio is 2 . 5 . This means thatQuestion 1 4 Answera.for every dollar of current assets, Irma has $ 2 . 5

Irma's current ratio is 2.5. This means thatQuestion 14 Answera.for every dollar of current assets, Irma has $2.50 in current liabilities.b.for every dollar of current liabilities, Irma has $2.50 in current assets.c.Irma has enough cash to pay her debts for the next 2.5 years.d.Irma can borrow 2.5 times her annual sales.

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