If ABC Company Limited has a current ratio of 1 2 1, which of the following activity would increase the companys current ratio A Borrowing money on a 6 month note B Paying long term debt for cash C Declaring a cash dividend payable next period D Cash repayment to reduce account payment

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If ABC Company Limited has a current ratio of 1.2:1, which of the following activity would increase the companys current ratio: A. Borrowing money on

If ABC Company Limited has a current ratio of 1.2:1, which of the following activity would increase the companys current ratio:

Borrowing money on a 6-month note

Paying long term debt for cash

Declaring a cash dividend payable next period

Cash repayment to reduce account payment

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