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borteleto borteleto
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Posts: 2477
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6 years ago
A company borrows $10,000 and puts the money into its checking account. This transaction will increase the company's current ratio if prior to the transaction the company's current ratio was
A) equal to one.
B) greater than one.
C) less than one.
D) greater than or less than one, but not equal to one.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
Read 39 times
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6 years ago
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