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If a company's operating cycle is much longer than its average payment period for suppliers, it creates the need to borrow money to fund its
If a company's operating cycle is much longer than its average payment period for suppliers, it creates the need to borrow money to fund its inventories and accounts receivable. True or False?
If the acid-test ratio is less than one, then paying off some current liabilities with cash will increase the acid-test (quick) ratio. True or False?
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