AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 234 Topic 24 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 234 Topic 24 Discussion

CWM_LEVEL_2 Exam Topic 24 Question 234 Discussion:
Question #: 234
Topic #: 24

Section A (1 Mark)

In Working Capital Finance, what should be the minimum current ratio the borrower needs to ensure the compliance under the first method of lending.


A.

1.50:1


B.

1.33:1


C.

1.17:1


D.

1.25:1


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