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Delta Co.'s current ratio is 1.5 and its return on assets is 15%. Which of the following transactions will increase both the current ratio and
Delta Co.'s current ratio is 1.5 and its return on assets is 15%. Which of the following transactions will increase both the current ratio and return on assets? Multiple Choice Pay off short-term notes payable with cash Collect accounts receivables in cash Borrow $20,000 long-term loan from a local bank. O Purchase land for $500,000
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