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Company As only current asset is accounts receivable and its only current liability is accounts payable. Company A has common size accounts receivable of 25%
Company As only current asset is accounts receivable and its only current liability is accounts payable. Company A has common size accounts receivable of 25% and common size accounts payable of 40%. Choose the option to correctly complete the following sentence.
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is less than 1.
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is equal to 1.
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is greater than 1.
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cannot be determined from the information given
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