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  1. business
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  3. a company has a current ratio of 3:1. which action

A company has a current ratio of 3:1. Which action will decrease this ratio? Group...

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Accounting

A company has a current ratio of 3:1. Which action will decrease this ratio? Group of answer choices

Collection of an account receivable

Sale of equipment for cash

Issue of long-term debentures

Declaration of a dividend

An entity defined as a 'disclosing entity' under the Corporations Act must prepare interim financial reports.

The minimum content of an interim financial report, under AASB 134, must include: Group of answer choices

a condensed statement of financial position, a condensed statement of comprehensive income and selected notes.

a condensed statement of financial position, a condensed statement of profit or loss, a condensed statement of cash flows and selected notes.

a condensed statement of financial position, a condensed statement of profit or loss and other comprehensive income, and a condensed statement of changes in equity.

a condensed statement of financial position, a condensed statement of profit or loss and other comprehensive income, a condensed statement of changes in equity, a condensed statement of cash flows and selected notes.

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