From a liquidity standpoint, it is most desirable for a company to have current
A. assets equal current liabilities.
B. liabilities exceed current assets.
C. assets exceed current liabilities.
D. liabilities exceed long-term liabilities.
Answer:C
From a liquidity standpoint, it is most desirable for a company to have current
A. assets equal current liabilities. B. liabilities exceed current assets. C. assets exceed current liabilities. D. liabilities exceed long-term liabilities.