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Amram Company's current ratio is 1.9. Considered alone, which of the following actions wouldincreasethe company's current ratio? A:Borrow using short-term notes payable and use the
Amram Company's current ratio is 1.9. Considered alone, which of the following actions wouldincreasethe company's current ratio?
A:Borrow using short-term notes payable and use the proceeds to reduceaccounts payable.
B:Use long-term debt to increase inventories.
C:Borrow using long-term debt and use the proceeds to buy back shares.
D:Use cash to reduce short-term notes payable.
Use cash to reduce accounts payable.
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