Question: A current ratio (current assets divided by current liabilities) of 3:1 means Select one: A the company has 3 dollars of current debt to every

 A current ratio (current assets divided by current liabilities) of 3:1

A current ratio (current assets divided by current liabilities) of 3:1 means Select one: A the company has 3 dollars of current debt to every dollar of current assets. B. the company has 3 dollars of current assets to every 1 dollar of current debt. C. the company has 3 dollars of current assets for every 3 dollars of current debt. D. the company has 3 dollars of curfent debt to every 3 dollar of current assets

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