MCQOPTIONS
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| 1. |
Which of the following would NOT improve the current ratio? |
| A. | Borrow short term to finance additional fixed assets. |
| B. | Issue long-term debt to buy inventory. |
| C. | Sell common stock to reduce current liabilities. |
| D. | Sell fixed assets to reduce accounts payable. |
| Answer» B. Issue long-term debt to buy inventory. | |