The current ratio is calculated as total current assets divided by total current liabilities.

a. true
b. false

A. True

Explanation:

The current ratio shows a relationship between the current assets and the current liabilities

In mathematically,

Current ratio = Total Current assets ÷ total current liabilities

where,

The current assets = Cash and cash equivalents + Short-term investments + Accounts and notes receivable + Inventories + Prepaid expenses and other current assets

And, current liabilities would be

= Short-term obligations + Accounts payable

This current ratio is always expressed in times plus its reflects the liquidity of the business organization

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

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