Question
Assuming that the current ratio is currently 2, which of the following actions will increase it? Purchasing inventory with cash. Purchasing inventory on short-term credit.
Assuming that the current ratio is currently 2, which of the following actions will increase it?
| Purchasing inventory with cash. | |
| Purchasing inventory on short-term credit. | |
| Paying off a short-term bank loan with long-term debt. | |
| None of the above increase the current ratio. | |
| All of the above increase the current ratio. |
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Agricultural Finance
Authors: Charles Moss
1st Edition
0415599075, 978-0415599078
