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Windham Corporation has current assets of $800,000 and current liabilities of $1,000,000. Windham Corporation's current ratio would be increased by: the collection of $500,000 of
Windham Corporation has current assets of $800,000 and current liabilities of $1,000,000. Windham Corporation's current ratio would be increased by: |
the collection of $500,000 of accounts receivable.
the purchase of $500,000 of inventory on account.
the payment of $500,000 of accounts payable.
refinancing a $500,000 long-term loan with short-term debt.
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