Which of the following statements does not properly describe the current ratio?
A. It measures the ability of a firm to pay its debts in the short-run.
B. It is current assets divided by current liabilities.
C. It is a measure of a firm's short-run liquidity
D. It measures a firm's ability to pay its long-term debts as they mature
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Home » Business » Which of the following statements does not properly describe the current ratio? A. It measures the ability of a firm to pay its debts in the short-run. B. It is current assets divided by current liabilities. C.