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Question 26 If the current ratio is less than one, which of the following is true? A The quick ratio is greater than two B

Question 26

If the current ratio is less than one, which of the following is true?

A The "quick ratio" is greater than two

B Working Capital is negative

C The business is bankrupt

D Working Capital is positive

Question 27

Which of the following is false?

A Current Liabilities do not get depreciation deducted

B Current Assets get depreciation deducted

C Non-Current Assets get depreciation deducted

D Non-Current Liabilities do not get depreciation deducted

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