Other things hold constant, which of following will not affect the current ratio, assuming an initial correct ratio greater than 1.02? Fixed assets are sold for cash. Long term debit is issued to pop off current liabilities. Accounts receivable are collected cash is used to pay off accounts payable. AZ bank learn is obtained and the proceeds are credited to the firms checking accounts the sale of receivables by firms to financial organizations is called factoring. True False firms follow much more wrecking capital than U.S. firms. Tire False