Ideal current ratio is:

The ideal current ratio is 2:1. This means that a company should have $2 in current assets for every $1 in current liabilities. A current ratio of 2:1 indicates that a company has a good liquidity position and is able to meet its short-term obligations.

A current ratio of less than 1:1 indicates that a company may have difficulty meeting its short-term obligations. A current ratio of more than 3:1 may indicate that a company is not using its assets efficiently.

Here is a brief explanation of each option:

• Option A: 1:1. This is a very low current ratio and indicates that a company may have difficulty meeting its short-term obligations.
• Option B: 2:1. This is the ideal current ratio. It indicates that a company has a good liquidity position and is able to meet its short-term obligations.
• Option C: 1:2. This is a high current ratio and indicates that a company may not be using its assets efficiently.
• Option D: 1:3. This is an extremely high current ratio and indicates that a company may not be using its assets efficiently.