Question: 11 1 points Save Answer A firm had Liabilities to Assets Ratio less than 1.0. The firm repaid short-term debt with cash, what is the

11 1 points Save Answer A firm had Liabilities to Assets

11 1 points Save Answer A firm had Liabilities to Assets Ratio less than 1.0. The firm repaid short-term debt with cash, what is the effect on Liabilities to Assets Ratio A Decreases B. Increases c. both A and B are correct D. has no effect

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