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Thames Manufacturing Plc had current assets of 187,500 and 67,500 of current liabilities before borrowing 45,000 from the bank with a 3-month note payable. What

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Thames Manufacturing Plc had current assets of 187,500 and 67,500 of current liabilities before borrowing 45,000 from the bank with a 3-month note payable. What effect did the borrowing transaction have on Thames Manufacturing Plc's current ratio? The rabo remained unchanged The ratio decreased The ratio increased The change in the ratio cannot be determined

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