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Assuming the current ratio is currently 2.0, which of the following actions will increase the ratio? purchasing inventory with cash purchasing inventory with shortterm credit
Assuming the current ratio is currently 2.0, which of the following actions will increase the ratio?
purchasing inventory with cash
purchasing inventory with shortterm credit
paying off a shortterm bank loan with a longterm debt
a customer paying an overdue bill
all of the above will increase the current ratio
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