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Which of the following about the current ratio is false? Multiple Choice The current ratio can reveal challenges in covering short-term obligations if it is

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Which of the following about the current ratio is false? Multiple Choice The current ratio can reveal challenges in covering short-term obligations if it is less than 1. The current ratio helps to assess a company's ability to pay its debts in the near future. The current ratio does not affect a creditor's decision on whether to allow a company to buy on credit. The current ratio can affect a supplier's decision about whether to allow a customer to buy on credit. The current ratio is calculated by dividing current assets by current liabilities

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