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Your company has just sold some inventory. What impact does this have on the company's current ratio? Group of answer choices More information is needed

Your company has just sold some inventory. What impact does this have on the company's current ratio?

Group of answer choices

More information is needed to determine the impact.

The current ratio will increase as a result of sale.

There is no impact; the current ratio remains the same.

The current ratio will decline as a result of the sale.

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