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Moore Company's current to 2 to 1. The company negating a tan, and the company's management understands that a higher better current ratio will reduce
Moore Company's current to 2 to 1. The company negating a tan, and the company's management understands that a higher better current ratio will reduce the company's cast of borrowing interest rates. Which of the following transactions will improve Moore Company's current ratio Select one a making a payment on a long-term note b. using cash to pay a current account payable 0 c. purchasing inventory on account d.collecting on some of the company's outstanding accounts receivable e. none of the above
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