The smaller the current ratio, the higher the firm's ability to repay its current debts. a. true b. false

asked Sep 26, 2023 182k views

2 votes

The smaller the current ratio, the higher the firm's ability to repay its current debts.

a. true
b. false

by Aidas

7.4k points

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4 votes

Answer:

false

Step-by-step explanation:

the smaller the current ratio the lesser the amount of assets are compared to liabilities

Lora answered Sep 30, 2023

by Lora

6.7k points

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