Determine which of the statements below are correct regarding the current ratio.

A current ratio of less than $1\mathrm{.}0$ would indicate that a company would have a problem paying off short term debt.

A current ratio of less than $1\mathrm{.}0$ would indicate that a business's debt can be easily paid off with current assets.

The current ratio can affect interest rates charged by creditors when lending money to a business.

The current ratio is one measure of a company's ability to pay its short$-$term debts.

The current ratio helps a supplier determine whether it wants to extend credit to a customer.

The current ratio is useful in aging past due accounts of customers.