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A company has a current ratio of 2 to 1. This ratio will decrease if the company Select one: O a. receives a payment on
A company has a current ratio of 2 to 1. This ratio will decrease if the company Select one: O a. receives a payment on an accounts receivable O b. borrows cash on a six-month note O c. sells merchandise for more than cost and records the sale using the perpetual inventory method O d. pays a large account payable which had been a current liability
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