Business, 03.12.2019 04:31 MichealM7668
Walter industries' current ratio is 0.5. considered alone, which of the following actions would increase the company's current ratio?
borrow using short-term notes payable and use the cash to increase inventories.
use cash to reduce accruals.
use cash to reduce accounts payable.
use cash to reduce short-term notes payable.
use cash to reduce long-term bonds outstanding.
Answers: 2
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