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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: Lower working capital and a lower current ratio. tower working capital and a higher current ratio. Higher working capital and a lower current ratio. Higher working capital and a higher current ratio
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