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Windham Corporation has current assets of $580,000 and current liabilities of $725,000. Windham Corporation's current ratio would be increased by: refinancing a $280,000 long-term loan
Windham Corporation has current assets of $580,000 and current liabilities of $725,000. Windham Corporation's current ratio would be increased by: |
refinancing a $280,000 long-term loan with short-term debt.
the purchase of $280,000 of inventory on account.
the payment of $280,000 of accounts payable.
the collection of $280,000 of accounts receivable.
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