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The current ratio: a.Is used to help asses a company's ability to pay its debts in the near future b.is used to measure the relationship
The current ratio:
a.Is used to help asses a company's ability to pay its debts in the near future
b.is used to measure the relationship between assets and long-term debt
c.measures the effect of operating income on profit
d.is used to measure a company's collection period
e.is calculated by dividing current assets by equity.
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