Question: Buffalo Firm increases its current assets by 10% using the same amount of current liabilities. Which of the following is TRUE? A. The total asset

Buffalo Firm increases its current assets by 10% using the same amount of current liabilities. Which of the following is TRUE?

A. The total asset turnover ratio decreases
B. The current ratio decreases
C. The current ratio increases
D. The total asset turnover ratio increases

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