Current assets/Current liabilities
A)Current ratio
B)Working capital
C)Quick assets
D)Quick ratio
E)Record an accrual and disclose in the notes to the financial statements
F)Disclose only in notes to financial statements
G)No disclosure needed in notes to financial statements

Current Ratio

A financial metric assessing a firm's capacity to cover its short-term debts using assets due within the same period.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.

Current Liabilities

Current liabilities are obligations a company must pay within one year, including accounts payable, short-term loans, and taxes owed.