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Other things being equal, most managers would prefer to report liabilities as noncurrent rather than current. The logic behind this preference is that the long-term
Other things being equal, most managers would prefer to report liabilities as noncurrent rather than current. The logic behind this preference is that the long-term classification permits the company to report: |
A.Higher working capital and a higher inventory turnover.
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B. Lower working capital and a higher current ratio.
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C. Higher working capital and a higher current ratio.
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D. Higher working capital and a lower debt to equity ratio. |
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