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Showing posts with label liquidity. Show all posts
Showing posts with label liquidity. Show all posts
Saturday, October 10, 2020

Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will the purchase of inventory with cash affect each ratio?

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Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will the purchase of inventory with cash affect each ratio? A) Increase ...
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