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QUESTION

1) If a firm sells inventory for cash at a profit, then the current ratio will always: a) Increase. b) Decrease. c) Remain the same.

1)     If a firm sells inventory for cash at a profit, then the current ratio will always:

a)     Increase.

b)     Decrease.

c)     Remain the same.

d)     Increase or decrease, but cannot ever remain the same.

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