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Consider the following transaction: Sold inventory costing $30,000 for $20,000 cash How would the acid-test...

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Accounting

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Consider the following transaction: Sold inventory costing $30,000 for $20,000 cash How would the acid-test ratio be affected? Increase Decrease. Not affected Consider the following transaction: "Borrowed cash on a short-term note with the bank". How would working capital be affected? Increase Decrease. Not affected. "Receive raw materials from suppliers" would be considered a an activity unit-level batch-level. product-level. organization-sustaining. "Interview and process new employees in the personnel department" would be considered activity unit-level. batch-level product-level organization-sustaining. aan

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