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Gillian Company has a current ratio greater than 1 and an acid - test ratio less than 1 . How would cash payments to suppliers
Gillian Company has a current ratio greater than and an acidtest ratio less than
How would cash payments to suppliers to reduce accounts payable affect these ratios?
A Increased current ratio and increased quick ratio.
B Decreased current ratio and decreased quick ratio.
C Decreased current ratio and increased quick ratio.
D Increased current ratio and decreased quick ratio.
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