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D Question 6 0.5 pts Jaffers Corporation has a current ratio (defined as current assets dividend by current liabilities) of 1.7 as of the end
D Question 6 0.5 pts Jaffers Corporation has a current ratio (defined as current assets dividend by current liabilities) of 1.7 as of the end of 2020. Which of the following transaction would increase the current ratio? O Jaffers receives payment of an outstanding account receivable. Jaffers pays an outstanding long-term liability Jaffers purchases more inventory on account. O Jaffers issues long-term debt and receives cash Question 7 1 pts Quantum, LLC. Reported net income of $8,840,984 and a net cash inflow from operations of $9,820,659 for 2021. Quantum, LLC. used the straight-line depreciation method to determine depreciation expense for 2021 of $1,729.100. If Quantum, LLC. had used the double-declining balance depreciation method, depreciation expense for 2021 would have been $2,950,000. Required: What would cash flow from operations have been if Quantum, LLC. had used the double- declining balance method? Enter your answer in dollar with no $ or commas
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