If a firm has a current ratio of 2.00,it means that for every $2in ___it has $1in___

A.total assets;current liabilities
B.current assets;current liabilities
C.total assets;total liabilities
D.current assets;total liabilities
my answer is c can somebody check thx

During a recession,unemployment__while inflation__

A.falls;rises
B.rises;rises
C.rises;falls
D.falls;falls

i have a as answer i need help thx

Both are wrong.

B

D

For the first question, the current ratio is calculated by dividing the current assets by the current liabilities of a firm. So, if a firm has a current ratio of 2.00, it means that for every $2 in current assets, it has $1 in current liabilities. Therefore, the correct answer is B) current assets; current liabilities.

For the second question, during a recession, unemployment typically rises while inflation falls. This is because economic activity slows down during a recession, leading to job cuts and higher unemployment rates. At the same time, reduced consumer spending and demand leads to a decrease in prices, resulting in lower inflation. Therefore, the correct answer is C) rises; falls.