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QUESTION

Question 9: Assuming that the current ratio is currently 2, which of the following actions will increase it?

Question 9: Assuming that the current ratio is currently 2, which of the following actions will increase it?

Question 9 options:

Purchasing inventory with cash.

Purchasing inventory on short-term credit.

Paying off a short-term bank loan with long-term debt.

None of the above increase the current ratio.

All of the above increase the current ratio.

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