For a firm that presently has a current ratio of 20, the effect on this ratio of paying a current liability is that it Multiple Choice 0 raises the current ratio. lowers the current ratio 0 doesn't affect the current ratio. 0 depends on the amount paid. 0 ZeroFued's net income for the year was $300,000 Average assets totaled $2 million, and average liabilities totaled $500,000. Return on equity (ROE) was Multiple Choice