What Is Current Ratio? Definition, Formula, Example, and Importance Explained

What Is Current Ratio? Definition, Formula, Example, and Importance Explained

Rohan once owned a small manufacturing venture in Chennai. One morning, his supplier called demanding immediate payment — a demand that left him scrambling. He realized that although his books showed “good profits,” he lacked enough liquid assets to settle short-term obligations. That vulnerable morning taught him a powerful lesson: profit does not always mean…

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