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betterway betterway
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7 years ago
A firm has a current ratio of 1; in order to improve its liquidity ratios, this firm might ________.
A) improve its collection practices by providing extended credit policy.
B) improve its collection practices and pay accounts payable, thereby decreasing current liabilities and decreasing the current and quick ratios.
C) decrease current liabilities by utilizing more long-term debt, thereby increasing the current and quick ratios.
D) increase inventory, thereby increasing current assets and the current and quick ratios.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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donnabandonnaban
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7 years ago
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betterway Author
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7 years ago
Thanks
Tim0301
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Yesterday
Good timing, thanks!
AlahuKakpar
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2 hours ago
Brilliant ツ
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