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P2 C5 ACCOUNTNG RATIOS AND ANALYSIS — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C5 ACCOUNTNG RATIOS AND ANALYSIS1 Mark
Question
What 1s the objective of current ratio?
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Answer

The objective of finding out current ratio is to know the capacity of the business unit to pay short terms obligation.

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