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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.