Question: A company borrows $ 1 0 , 0 0 0 and puts the money into its checking account. This transaction will increase the company's current
A company borrows $ and puts the money into its checking account. This
transaction will increase the company's current ratio if prior to the transaction the
company's current ratio was
equal to one.
greater than one.
less than one.
greater than or less than one, but not equal to one.
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