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QUESTION ANSWER Which of the following is generally a FALSE statement for the current ratio analysis? Current ratios measure the ability of the company to
QUESTION ANSWER Which of the following is generally a FALSE statement for the current ratio analysis? Current ratios measure the ability of the company to pay its Current Liabilities with Current Assets. Companies want a current ratio number below O O O OO A potential lender, such as a bank, might use the current ratio to predict if the business borrowing the money can repay. A business with a lot of debt (Liabilities) will have a higher current ratio. I DON'T KNOW YET
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