A company has a current ratio of 3 to 1 but would like to decrease the ratio.

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A company has a current ratio of 3 to 1 but would like to decrease the ratio. What types of options does it have to accomplish this?

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Managerial Accounting A Focus on Ethical Decision Making

ISBN: 978-0324663853

5th edition

Authors: Steve Jackson, Roby Sawyers, Greg Jenkins

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Question Posted: Mar 11, 2015 11:13 AM

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A company has a current ratio of 3 to 1 but would like to decrease the ratio.

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High current ratios can indicate problems in collecting accounts ...View the full answer

Managerial Accounting A Focus on Ethical Decision Making

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