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Firm A's balance sheet is shown below. By how much would its current ratio change if it sold off $4,000 of inventories and used the
Firm A's balance sheet is shown below. By how much would its current ratio change if it sold off $4,000 of inventories and used the funds obtained to reduce notes payable by $3,000 and accruals by $1,000? 1.25 1.13 1.51 1.66 1.38
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