Hedge Which of the following best describes a company that has a current ratio of 1.23? Needs 1.23 current liabilities to pay off every $1.00 in current liabilities Would have to use long-term assets to help pay off its current liabilities liabi Has 1.23 current assets to pay off every $1.00 in current liabilities Could not pay off all of its current liabilities using current liabilities I don't know One attempt Submit answer Exit o e