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Part One Time left 00:48:51 Question 19 Not yet answered Masked out of 2.00 Biden Company had $75,000 of current assets and $150,000 of current
Part One Time left 00:48:51 Question 19 Not yet answered Masked out of 2.00 Biden Company had $75,000 of current assets and $150,000 of current liabilities before $75,000 cash Investment from Trump. What effect did the investment transaction here on Biden Company's Current ratio? Select one: a The ratio decreased b. The ratio increased c The change in the current ratio cannot be determined d. The ratio remained unchanged Question 20 Not yet answered Marked out of 2.00 A profitability ratio measures the Select one. a short-term ability of the enterprise to pay its maturing obligations and to meet unexpected needs for cash o b.income or operating success of an enterprise over a period of time o c. number of times interest is earned dability of the enterprise to survive over a long period of time. ODREVIOUS NEXTS
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