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The current ratio is a financial ratio that compares a firm's current assets to its non-current labies to determine whether it has suficient current resources

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The current ratio is a financial ratio that compares a firm's current assets to its non-current labies to determine whether it has suficient current resources to pay its long term debt obligations. The calculated value of the ratio determines the amount of current assets available for every 51 of ioncurrenties Select one D. True False

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