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Assume that Airline Accessories' current ratio is greater than 1. Which of the following will decrease its current ratio? Multiple Choice Purchasing inventory on account.

Assume that Airline Accessories' current ratio is greater than 1. Which of the following will decrease its current ratio? Multiple Choice Purchasing inventory on account. Purchasing equipment, signing a long-term note. Issuing common stock for cash. Collecting an accounts receivable.
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Assume that Airline Accessories' current ratio is greater than 1 . Which of the following will decrease its current ratio? Multiple Choice Purchasing inventory on account. Purchasing equipment, signing a long-term note. Issuing common stock for cash. Collecting an accounts receivable

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