A current ratio of 0.9 means:

A) the firm has $0.90 of current liabilities for every $1.00 of current assets

B) the firm has $0.90 of current assets for every $1.00 of long term liabilities

C) the firm has $0.90 of current assets for every $1.00 of current liabilities

D) the firm has $0.90 fixed assets for every $1.00 of current assets

E) the firm has a debt ratio of 90%