Which of the following are accurate about the Current Ratio?
1. It measures a company's ability to pay off its short-term liabilities with its current assets.
2. A current ratio greater than 1 always signifies strong financial health.
3. It includes all current assets, such as cash, accounts receivable, and inventory.
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
All of the above
5
None of the above