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harra harra
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7 years ago
Which of the following statements is true?
A) The current ratio measures the ability of a company to pay its current debts.
B) The current ratio is calculated by dividing current liabilities by current assets.
C) The current ratio is calculated by dividing current assets by total assets.
D) The current ratio is calculated by dividing total assets by current assets.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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HanoiHanoi
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harra Author
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#2
7 years ago
Very timely, excellent answer
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