3. International Appliances Inc. has a current ratio of 0.5. Which of the following...
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Accounting
International Appliances Inc. has a current ratio of Which of the following actions would improve increase this ratio? a Use cash to pay off current liabilities. b Collect some of the current accounts receivable. c Use cash to pay off some longterm debt. d Purchase additional inventory on credit accounts payable e Sell some of the existing inventory at cost
International Appliances Inc. has a current ratio of Which of the following actions would improve increase this ratio?
a Use cash to pay off current liabilities.
b Collect some of the current accounts receivable.
c Use cash to pay off some longterm debt.
d Purchase additional inventory on credit accounts payable
e Sell some of the existing inventory at cost
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