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If Company A has a Current Ratio of 2.0 and its industry peers have an average Current Ratio of 1.0. What does this information indicate?
a) Company A's assets is twice the amount as its industry peers average
b) Company A's current assets is twice the amount as its industry peers average
c) Company A's ability to meet the obligations of its current liabilities is stronger than its industry peers average
d) Indicates nothing at all
Please explain which is the correct answer with correct reasoning.
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