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Payment of a trade account payable of $64,500 would a.Increase the current ratio but the quick ratio would not be affected. b.Increase the quick ratio

Payment of a trade account payable of $64,500 would 


a.Increase the current ratio but the quick ratio would not be affected. 


b.Increase the quick ratio but the current ratio would not be affected. 


c.Increase both the current and quick ratios. 


d.Decrease both the current and quick ratios

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Option D is correct Would decrease both current ratio and a q... blur-text-image
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