Question: 21. Which of the following transactions would decrease a company's current ratio? a. Selling goods to a customer on account b. c. Receiving payment from

21. Which of the following transactions would decrease a company's current

21. Which of the following transactions would decrease a company's current ratio? a. Selling goods to a customer on account b. c. Receiving payment from a customer with an outstanding account receivable Purchasing office supplies for cash d. Refinancing a short-term liability with a long-term note payable e. Using cash to settle a long-term liability

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