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Current Ratio Formula
LAURI-54946 - 05/14/2019, 2:27 am

Current Assets/Current Liabilities - Presentation is still important for future year reporting.

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user-13764 - 05/27/2019, 9:33 pm

Why not reporting as a current liability

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Abdul-99008 - 08/5/2019, 5:20 pm

It can't be recorded as a current liability, why? it states in the question , "It is a ten-year loan. Current liabilities should be a year or less.

I hope this helps.