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Watson Consulting Associates reports financials using IFRS, and uses the Revaluation Model for reporting long-lived assets. If Watson Consulting Associates adjusts the value of it's

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Watson Consulting Associates reports financials using IFRS, and uses the Revaluation Model for reporting long-lived assets. If Watson Consulting Associates adjusts the value of it's long-lived assets upwards, which of the following will happen: The Current Ratio will increase The debt to asset ratio will increase The Gross Proht Margin will increase Return on Assets will decrease

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