Home › Bihar Board Class 12 (Commerce) › Accountancy › Analysis of Financial Statements: Tools and Accounting Ratios › The current ratio belongs to which traditional c…
The current ratio belongs to which traditional class of ratios?
AProfit and loss ratio
BComposite ratio
CBalance sheet ratio
DTurnover ratio
Answer & Solution
Correct answer: C. Balance sheet ratio
Both current assets and current liabilities come from the balance sheet.
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