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3) $154,000.00 4) $146,000.00 Question 54 (1.5 points) Suppose Jenny Inc. has a current ratio of 2.3. Which of the following would increase its current
3) $154,000.00 4) $146,000.00 Question 54 (1.5 points) Suppose Jenny Inc. has a current ratio of 2.3. Which of the following would increase its current ratio? 1) Writing off an accounts receivable. 2) Purchasing inventory using cash. 3) Purchasing intangible assets using cash. 4) Paying off an accounts payable. Question 55 (1 point) Saved Which of the following ratios is considered to be a more stringent measure of a company's ability to pay its current liabilities than the current ratio? 1) inventory turnover
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