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A company's current ratio and acid-test ratios are both greater than 1. If obsolete inventory is written off, this would A. increase the acid-test ratio.
A company's current ratio and acid-test ratios are both greater than 1. If obsolete inventory is written off, this would A. increase the acid-test ratio. B. decrease the acid-test ratio. C. increase net working capital. D. decrease the current ratio
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