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Which statement is true concerning the current ratio

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Reference no: EM132602989

Question 1: Which statement is true concerning the current ratio?

Option 1: It is usually a larger amount than the acid-test ratio.

Option 2: It is a more stringent test of a company's ability to pay its short-term obligations.

Option 3: It measures a company's ability to manage its assets efficiently.

Option 4: It measures a company's ability to make interest payments on debt.

Reference no: EM132602989

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