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4 . International Appliances has a current ratio of 1 . 2 . Which of the following actions would improve ( increase ) this ratio?
International Appliances has a current ratio of Which of the following actions would improve increase this ratio?
a Use cash to pay off current liabilities.
b Collect some of the current accounts receivable.
c Use cash to pay off some longterm debt.
d Purchase additional inventory on credit accounts payable
e Use cash to pay for some fixed assets.
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