The current ratio is affected by the long-term debt that must be paid in the current period.

Name: The current ratio is affected by the long-term debt that must be paid in the current period.
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The current ratio is a measure of a company's ability to pay short-term obligations, and if long-term debt becomes due within the current period, it is reclassified as a current liability, affecting the current ratio.

The Current Ratio Is Affected by the Long-Term Debt That