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Which of the following situations will improve the current ratio if it is initially less than 1.0? using cash to repay accounts payable purchasing inventory
Which of the following situations will improve the current ratio if it is initially less than 1.0?
- using cash to repay accounts payable
- purchasing inventory on credit terms
- selling finished goods inventory on credit
- purchasing marketable securities for cash
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Introductory Econometrics For Finance
Authors: Chris Brooks
4th Edition
110843682X, 9781108436823
