Which of the following statements is true?

A. The use of the current ratio does not make it possible to compare companies of different sizes.

B. A current ratio of 1.2 to 1 indicates that a companys current assets are less than its current liabilities.

C. All companies, regardless of size, should have a current ratio of at least 2:1.

D. The current ratio is a more dependable indicator of liquidity than working capital.