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Question 2 2 marks Transactions: 1. A Company borrows $1 million Short-Term and invest the proceeds in Inventory; 2. A Company sells $5 million of
Question 2 2 marks Transactions: 1. A Company borrows $1 million Short-Term and invest the proceeds in Inventory; 2. A Company sells $5 million of Marketable Securities for Cash Indicate how the given transactions (1 and 2) would effect: (a) Cash; (b) Working Capital; Current Ratio; (d) () Quick Ratio
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