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Which of the following transactions would cause the current ratio to increase ( assuming the current ratio is currently greater than 1 ) ? a
Which of the following transactions would cause the current ratio to increase assuming the current ratio is currently greater than a Receiving money from a customer related to an account receivable b Paying off a payable for cash c Purchasing inventory on credit d Purchasing property, plant, and equipment
Which of the following transactions would cause the current ratio to increase assuming the current ratio is currently greater than
a Receiving money from a customer related to an account receivable
b Paying off a payable for cash
c Purchasing inventory on credit
d Purchasing property, plant, and equipment
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