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The current ratio is used by banks when assessing the ability of a company to pay its debts. The current ratio is calculated as
The current ratio is used by banks when assessing the ability of a company to pay its debts. The current ratio is calculated as current assets divided by current liabilities. What report would the bank request in order to perform this calculition? Select one: o a Cash Sow statement b. Profit and Loss c Statement of Stockholders' Equity d. Balance Sheer
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