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If a company's current ratio is 1.6:1, this indicates that the company has more current assets than current liabilities. has fewer current assets than liabilities.

If a company's current ratio is 1.6:1, this indicates that the company

has more current assets than current liabilities.

has fewer current assets than liabilities.

is likely not able to pay their debts as they come due.

has a liquidity problem.

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