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XYZhealthcare organization has a current ratio equal to 1.40. Which of the following transactions will increase the company's current ratio? A) The organization collects $500,000
XYZhealthcare organization has a current ratio equal to 1.40. Which of the following transactions will increase the company's current ratio?
A) The organization collects $500,000 of its accounts receivable.
B) The organization buys $1 million of supplies on credit.
C) The organization pays back $50,000 of its long-term debt.
D) The organization receives 518,000 in cash from its parent corporation
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