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Bluer Company has a current ratio of 3.00. Which of the following events would cause its current ratio to increase? Select one: a. Collection of
Bluer Company has a current ratio of 3.00. Which of the following events would cause its current ratio to increase?
Select one:
a. Collection of an account receivable
b. Payment of an account payable
c. Purchase of office supplies on account
d. Purchase of equipment on account
e. None of the above
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