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CIL FULL SCREEN PRINTER VERSION BACK NEXT Question 10 Best Baskets Limited (BBL) had a current ratio of 0.8:1 before borrowing $50,000 from the bank
CIL FULL SCREEN PRINTER VERSION BACK NEXT Question 10 Best Baskets Limited (BBL) had a current ratio of 0.8:1 before borrowing $50,000 from the bank with a short-term note payable. What effect did the borrowing transaction have on BBL's current ratio? The ratio remained unchanged. The ratio decreased. The ratio increased. O Cannot be determined. SUBMIT ANSWER Question Attempts: 0 of 1 used SAVE FOR LATER
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