Question: Which following formula(s) concerning the current ratio is right? I. II. Total asset Total debt III. IV. Current asset Current liability Total asset Fixed asset

Which following formula(s) concerning the current ratio is right? I. II. Total asset Total debt III. IV. Current asset Current liability Total asset Fixed asset Total asset-Total equity Total asset Fixed asset Total debt-longterm debt I and III only II and III only II only II and IV only

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