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A lending officer at ABC Bank has insisted that your firm improve the current ratio of 1.0 before the bank will consider a loan. Which

A lending officer at ABC Bank has insisted that your firm improve the current ratio of 1.0 before the bank will consider a loan. Which of the following actions would INCREASE the ratio?

Group of answer choices

Borrowing short-term bank loan for cash

None of these actions would increasee the ratio.

Using cash to pay off current liabilities

Selling some of the existing inventory at cost

Collecting some of the current accounts receivable

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