The acid test also known as quick ratio should include which of the following? (1) Inventory (2) Accounts receivables (3) Bank overdraft (4) Accruals Group of answer choices (2), (3) and (4) only (1), (2), (3) and (4) (1), (2) and (3) only (1), (2) and (4) only Salik has net current liabilities of 150,000 in its statement of financial position and current assets of CAD 100,000. He has decided to pay off its accounts payables of CAD 50,000 using surplus cash. What will be the effect of the above transaction on the current ratio? Group of answer choices Decrease Increase No effect The ratio could either increase or decrease