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Acme Companys current ratio is less than 1.0. Which of the following transactions will increase...

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Question

Accounting

Acme Companys current ratio is less than 1.0. Which of the following transactions will increase Acmes current ratio?
Group of answer choices
Use cash to pay off some accounts payable.
Purchase additional marketable securities with cash.
Prepay an expense that benefits the company for six months with cash.
Purchase merchandise inventory on account.

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