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16. Which of the following transactions would result in a decrease in the current ratio...

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Accounting

image 16. Which of the following transactions would result in a decrease in the current ratio (current assets/current liabilities)? A. Collection of cash from an accountreceivable. B. Selling shares of stock to stockholders in exchange for cash. C. Purchasing a delivery vehicle by signing a long term note payable. D. Purchasing land by paying cash. 16. Which of the following transactions would result in a decrease in the current ratio (current assets/current liabilities)? A. Collection of cash from an accountreceivable. B. Selling shares of stock to stockholders in exchange for cash. C. Purchasing a delivery vehicle by signing a long term note payable. D. Purchasing land by paying cash

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