💼 Pre-MBA Exam Prep

The current ratio measures:

A Profitability
B A company ability to pay short-term obligations using its current assets
C Long-term solvency
D Market value

✓ Correct Answer: Option B

Current ratio = current assets / current liabilities. >1 suggests sufficient short-term liquidity. 1.5-2 typical for healthy companies. Too high may indicate inefficient asset use.

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