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29.The current ratio: Select one: a. Is used to measure a company's collection period. b. Is used to measure the relationship between assets and long-term

29.The current ratio:

Select one:

a. Is used to measure a company's collection period.

b. Is used to measure the relationship between assets and long-term debt.

c. Measures the effect of operating income on profit.

d. Is used to help assess a company's ability to pay its debts in the near future.

e. Is calculated by dividing current assets by equity.

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