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Current ratio if a company is 3.54. Current liabilities of the company are 2650000 KZT. Company would like reduce its current ratio to 3.22 by
- Current ratio if a company is 3.54. Current liabilities of the company are 2650000 KZT. Company would like reduce its current ratio to 3.22 by increasing its inventories using short term bank loans.
How much must the company borrow?
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
10th International Edition
0130851779, 978-0130851772
