The current ratio can be used to evaluate a company's ability to pay liabilities in the short term,and in general,a higher ratio means better ability to pay.

Name: The current ratio can be used to evaluate a company's ability to pay liabilities in the short term,and in general,a higher ratio means better ability to pay.
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Question

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The current ratio is current assets divided by current liabilities.A higher ratio means better ability to pay.

The Current Ratio Can Be Used to Evaluate a Company's