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A firm would like to make their financial statements look more liquid and themselves more creditworthy to their vendors and suppliers. They are thinking that

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A firm would like to make their financial statements look more liquid and themselves more creditworthy to their vendors and suppliers. They are thinking that perhaps a short-term loan from their bank might help accomplish this. After receiving the loan proceeds the firm's current ratio would be: Select one: O a. Higher O b. Lower O c. Unchanged O d. Need more information about their actual current ratio

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