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On June 30, 2017, BobCat Inc. total current assets were $510,000 and its total current liabilities were $250,000. On July 1, 2017, BobCat Inc. paid
On June 30, 2017, BobCat Inc. total current assets were $510,000 and its total current liabilities were $250,000. On July 1, 2017, BobCat Inc. paid a short-term note to a bank with $60,000 cash. As a result of this transaction, the current ratio will
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