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Multiple Choice Question 126 The current ratio is calculated by dividing current liabilities by current assets. calculated by subtracting current liabilities from current assets. used

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Multiple Choice Question 126 The current ratio is calculated by dividing current liabilities by current assets. calculated by subtracting current liabilities from current assets. used to evaluate a company's solvency and long-term debt paying ability. used to evaluate a company's liquidity and short-term debt paying ability

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