Question: Multiple Select Question Select all that apply Which of the following statements are true regarding the current ratio? ( Choose every correct answer. ) Accounts
Multiple Select Question
Select all that apply
Which of the following statements are true regarding the current ratio? Choose every correct answer.
Accounts payable are included in the denominator.
Merchandise inventory is not included in the numerator.
Cash is included in the numerator.
Rent payable is included in the numerator.
The current ratio represents the excess of current assets over current liabilities.
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