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Husky inc has total asset of 12 million and total liabilities of 8 million . If the firm reduces its cash account balance by 1
Husky inc has total asset of 12 million and total liabilities of 8 million . If the firm reduces its cash account balance by 1 million and uses it to pay off long term debt then
1 the current ratio will rise
2-EPS will rise
3- the debt to ratio wil fall
4- total assets will be unchanged
5- none of the statements are correct
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The Handbook Of Financial Modeling
Authors: Jack Avon
1st Edition
1430262052, 978-1430262053
