The Smaller the Current Ratio, the Higher Is the Ability

question 120

True/False

The smaller the current ratio, the higher is the ability of a firm to repay its current debts.

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Definitions:

Telecom Company

A company that provides telecommunications services such as telephony, data transmission, and internet connectivity to individuals and businesses.

Mobile Connections

Wireless telecommunications links, typically involving mobile phones or other portable devices, allowing access to the internet or other networks.

Disciplinary Notices

Official documents issued by an organization or institution to an individual or group for violating rules or standards.