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International Appliances has a current ratio of 1 . 2 . Which of the following actions would improve ( increase ) this ratio? Purchase additional
International Appliances has a current ratio of Which of the following actions would improve increase this ratio?
Purchase additional inventory on credit accounts payable
Use cash to pay off some longterm debt.
Use cash to pay for some fixed assets.
Use cash to pay off current liabilities.
Collect some of the current accounts receivable.
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