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Q1.webp

Kizspy | Question: 1
(Choose 1 answer)
A company's current ratio is 0.5. Everything else held constant, which of the following actions would increase
the company's current ratio?
A. Borrow long-term debts to reduce accounts payable
B. Use cash to reduce accruals
C. Use cash to reduce accounts payable
D. Use cash to reduce short-term notes payable

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