FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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The current ratio :
a.
Is used to help assess a company's ability to pay its debts in the near future.
b.
Measures the effect of operating income on profit.
c.
Is used to measure the relationship between assets and long-term debt.
d.
Is used to measure a company's collection period.
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