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Suppose Jenny Inc. has a current ratio of 2.3. Which of the following would increase its current ratio? 1) Writing off an accounts receivable. 2)

Suppose Jenny Inc. has a current ratio of 2.3. Which of the following would increase its current ratio?

1)

Writing off an accounts receivable.

2)

Paying off an accounts payable.

3)

Purchasing inventory using cash.

4)

Purchasing intangible assets using cash.

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