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.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.