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Skylar Corporation's current ratio (Current assets divided by current liabilities) currently is 3. When it sells machinery costing $3,000 for $4,000 cash, its current ratio

Skylar Corporation's current ratio (Current assets divided by current liabilities) currently is 3. When it sells machinery costing $3,000 for $4,000 cash, its current ratio would options: Increase

Decrease

Remain

unaffected

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