Which of the following statements are correct regarding the current ratio? (Check all that apply.) The current ratio helps a supplier determine whether it wants to extend credit to a customer. A current ratio of less than 1.0 would indicate that a business's debt can be easily paid off with current assets. The current ratio is useful in decision making like whether or not to lend money to a business. The current ratio is useful in aging past due accounts of customers. The current ratio is one measure of a company's ability to pay its short-term debts. A current ratio of less than 1.0 would indicate that a company would have a problem paying off short term debt.

Which of the following statements are correct regarding the current ratio? (Check all that apply) The current ratio helps a supplier determine whether it wants to extend credit to a customer: A current ratio of less than 1.0 would indicate that a business's debt can be easily paid off with current assets: The current ratio is useful in decision making like whether or not to lend money to a business. The current ratio is useful in aging past due accounts of customers. The current ratio is one measure of a company's ability to pay its short-term debts. A current ratio of less than 1.0 would indicate that a company would have a problem paying off short term debt