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Management of a company can manipulate its current ratio by all of the following EXCEPT by repurchasing its stock for cash. by delaying a payment
Management of a company can manipulate its current ratio by all of the following EXCEPT
by repurchasing its stock for cash.
by delaying a payment to a supplier.
by purchasing long-term assets against a 3-year note payable.
by borrowing long term and increasing cash.
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