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The value of Praxis s net working capital is . And, Praxis s current ratio is . Assume that Praxis Corporation decides to acquire an
The value of Praxiss net working capital is And, Praxiss current ratio is
Assume that Praxis Corporation decides to acquire an additional $ in inventories and pay using its accounts payable. Given the condition of the company noted in the balance sheet, this activity should be expected to cause Praxiss current ratio to
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