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Q.16) Given Company ABC has $ 500,000 of current assets and $ 200,000 of current liabilities. The company would like to increase its current ratio

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Q.16) Given Company ABC has $ 500,000 of current assets and $ 200,000 of current liabilities. The company would like to increase its current ratio by 20% through changing its inventory level via changing its accounts payable by the same amount. Then its change in inventory level must be: $ 100,000 b.) $ 50,000 c.) S (100,000) d.). S (50,000) e.) $ 75,000

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