A firm uses $1 million in cash to purchase inventories. What will happen to its current ratio?
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The current ratio will be unaffected I...View the full answer
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-1259024962
6th Canadian edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
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