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Which of the following would NOT improve the current ratio? a)-(Answered)

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Question

Which of the following would NOT improve the current ratio?

a) Borrow short term to finance additional fixed assets.

b) Issue long-term debt to buy inventory.

c) Sell common stock to reduce current liabilities.

d) Sell fixed assets to reduce accounts payable.

 

Paper#9256787 | Written in 27-Jul-2016

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