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If a firm has a high current ratio but a low acid-test ratio, one can conclude that: the firm has a large outstanding accounts receivable

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If a firm has a high current ratio but a low acid-test ratio, one can conclude that: the firm has a large outstanding accounts receivable balance. the firm has a large amount of current liabilities. the firm's financial leverage is very high. the firm has a large investment in Question 5 (6 points) ABC Company has a cash balance of $9,000 on April 1. The company must maintain a minimum cash balance of $6,000. During April expected cash receipts are $45,000. Expected cash disbursements during the month total $52,000. During April the company will need to borrow: $8,000 $2,000 $6,000 $4,000

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