Question: Multiple Select Question Select all that apply Determine which of the statements below are correct regarding the current ratio. ( Check all that apply. )
Multiple Select Question
Select all that apply
Determine which of the statements below are correct regarding the current ratio. Check all that apply.
The current ratio can affect interest rates charged by creditors when lending money to a business.
A current ratio of less than would indicate that a company might have a problem paying off short term debt.
The current ratio helps a supplier determine whether it wants to extend credit to a customer.
A current ratio of less than would indicate that a business's debt can be easily paid off with current assets.
The current ratio is one measure of a company's ability to pay its shortterm debts.
The current ratio is useful in aging past due accounts of customers.
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