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    Exam 14: Performance Measurement
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    If a Company Has a Current Ratio of 1
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If a Company Has a Current Ratio of 1

Question 96

Question 96

Short Answer

If a company has a current ratio of 1.3:1, what effects will the borrowing of cash by short-term debt and collection of accounts receivable have on the ratio? If a company has a current ratio of 1.3:1, what effects will the borrowing of cash by short-term debt and collection of accounts receivable have on the ratio?

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