- 04/25/2019 at 6:47 am #607871EduGorillaKeymasterSelect Question Language :
Other things held constant, which of the following will not affect the current ratio, assuming an initial current ratio is greater than 1.0?
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- Fixed assets are sold for cash.
- Long-term debt is issued to pay off current liabilities.
- Accounts receivable are collected.
- Cash is used to pay off accounts payable.
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