Which of the following ratios is a measure of a company's ability to pay liabilities with current assets?
A) The inventory turnover ratio is a measure of a company's ability to pay liabilities with current assets.
B) The day's sales in receivables is a measure of a company's ability to pay liabilities with current assets.
C) The current ratio is a measure of a company's ability to pay liabilities with current assets.
D) The acid-test ratio is a measure of a company's ability to pay liabilities with current assets.
Correct Answer:
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