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Question 8 3 pts A company's current ratio will always equal its acid-test ratio when the company has no inventory the company's current ratio is

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Question 8 3 pts A company's current ratio will always equal its acid-test ratio when the company has no inventory the company's current ratio is equal to one. the company's inventory is equal to its other current assets. the company's inventory is equal to its current liabilities. Question 9 3 pts McKenzie Corporation's reported a current ratio of 1.40 to its investors just recently. Which of the below scenarios will increase the company's current ratio? The company sells $1 million of inventory on credit. The company writes a $30,000 check to pay off some existing accounts payable. The company pays back $50.000 of its long-term debt. The company collects $500,000 of its accounts receivable. Question 10 3 pts MacBook Pro 80 DOC Con

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