All of the following regarding the current ratio are true except: multiple choice current ratio is calculated by dividing current assets by current liabilities. current ratio to assess a company's ability to pay its debts in the near future. current ratio does not affect a creditor's decision on whether to allow a company to buy on credit. current ratio can affect a creditor's decision about whether to lend money to a company. current ratio can reveal challenges in covering short-term obligations if it is less than 1.

Current ratio does not affect a creditor's decision on whether to allow a company to buy on credit.  This Statment is False.

Explanation:

If the current ratio is below 1 or near 1 then a creditor may not be interest in doing trade credit becasue, there is a risk for the debt to default, or it may do it but with a higher interest yield.

Current ratio does not affect a creditor's decision on whether to allow a company to buy on credit

Explanation:

Current ratio is a liquidity tool used  by a company to evaluate its ability to meet up with short term financial obligations.

It is always a first point of call to investors , creditors and analyst so as to evaluate the risks involved in a potential transaction.

The statement " Current ratio does not affect a creditor's decision whether to allow a company to buy on credit " is not true as it can give an insight into the ability of the buying company to pay as at when due , hence the possibility of bad debts are reduced.

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

d) social security number

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