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Tillie Corporation has a current ratio (Current Assets/ Current Liabilities) of 2:1. How will the payment of a cash dividend declared two weeks ago
Tillie Corporation has a current ratio (Current Assets/ Current Liabilities) of 2:1. How will the payment of a cash dividend declared two weeks ago affect the following? O a. Current Ratio Working Capital Increase No effect O b. Current Ratio Working Capital Decrease Decrease Current Ratio Working Capital Increase O d. Current Ratio No Effect e. Current Ratio Increase Working Capital Decrease Working Capital No Effect No Effect
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