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Use complete sentences to complete the fill in questions. Interpret and explain this company's Current...

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Accounting

Use complete sentences to complete the fill in questions.
Interpret and explain this company's
Current Fiatio
Curren ratio = Current assetsXCurrent liabilities 635794,65140026.93=15.88 times. Fule of thumb of current ratio is 2. Means
Current asset should be double than the current liabilities. In this case, current ratio is 15.88 times. Means liquidity position of
the Company is very good. It can easily pay off its currents liabilities.
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