Answer the Following Questions Regarding the Current Ratio

Essay

Answer the following questions regarding the current ratio:
$$\begin{array} { | l | l | } \hline \text { Current Ratio Question } & \text { Answer } \\\hline \text { What does the current } & \\\text { ratio measure? } & \\\hline \text { How is the current ratio } & \\\text { calculated? } & \\\hline \text { When analyzing the } & \\\text { current ratio, what is the } & \\\text { rule of thumb? }\\\hline \end{array}$$