Question: What is the relationship between current assets and current liabilities? Question 9 options: Current assets are subtracted from current liabilities to calculate working capital, which

What is the relationship between current assets and current liabilities?
Question 9 options:
Current assets are subtracted from current liabilities to calculate working capital, which indicates liquidity.
Current liabilities are always greater than current assets for well-managed companies.
Both are irrelevant to a company's ability to meet long-term obligations.
Current assets and liabilities are recorded only for tax purposes.

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