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A company has a current ratio of 1.2. Which one of the following actions will increase the companys net working capital? Multiple Choice: A. Paying
A company has a current ratio of 1.2. Which one of the following actions will increase the companys net working capital?
Multiple Choice:
A. Paying a supplier for a previous purchase
B. Paying off a long-term debt
C. Selling inventory at cost for cash
D. Purchasing inventory on credit
E. Selling inventory at a profit on credit
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