Which of the following statements best defines the current ratio?
A.
The ratio of current assets to current liabilities For the majority of businesses it should be at least 2.
B.
The ratio of current assets to current liabilities For the majority of businesses it should be at least 1.
C.
The ratio of current assets excluding inventory For the majority of businesses it should be at least 1.
D.
The ratio of current assets excluding inventory to current liabilities For the majority of businesses it should be at least 2.