ratios measure a company's ability to turn assets into cash to pay its short-term debt.
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Solution 1
Ratios that measure a company’s ability to turn assets into cash to pay its short-term debt are known as liquidity ratios. These ratios are crucial for assessing a company's financial health and its ability to meet its short-term obligations. The two most common liquidity ratios are the **current ra Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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