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which of the following transactions will increase a current ratio, which is currently 2.5?

Posted on December 10, 2022December 10, 2022 by Pulse

which of the following transactions will increase a current ratio, which is currently 2.5?. Dear visitor  In the Solution site,  We at our site provide you with the right solution to your question,  You have arrived at the most fitting response site

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which of the following transactions will increase a current ratio, which is currently 2.5?

The current ratio for Company ABC is 2.5, which means that it has 2.5 times its liabilities in assets and can currently meet its financial obligations Any current ratio over 2 is considered ‘good’ by most accounts.

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