Question: If a company has a current ratio below 1, which of the following transactions would cause the current ratio to increase? Select one: a. Purchasing

If a company has a current ratio below 1, which of the following transactions would cause the current ratio to increase?

Select one:

a. Purchasing land by signing a short-term note

b. Purchasing land with cash

c. Collecting an account receivable

d. Purchasing inventory by signing a long-term note

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