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Assume a firm's current ratio equals 3.1. Which of the following actions would increase it? Multiple Choice Receiving a full cash payment on an account

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Assume a firm's current ratio equals 3.1. Which of the following actions would increase it? Multiple Choice Receiving a full cash payment on an account receivable. Discarding and writing off spoiled inventory. Purchasing new fixed assets using the proceeds from a new stock issue. Paying off a short- term bank loan with the proceeds from new long- term debt. Buying inventory on credit, thereby increasing accounts payable

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