Help Save & Exit 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 raises the current ratio. lowers the current ratio. doesn't affect the current ratio. depends on the amount paid. earch 0B 00 A current ratio of 6.0 is usually an indication that the firm: Multiple Choice has a low degree of liquidity. has a reasonable degree of liquidity has not made the most productive use of its assets. has made the most productive use of its assets Next > Mc Graw Hill Prev 8 of 20 Type here to search