Question: J. Mart, Inc, has a current ratio equal to 1.30. Which of the following transactions will increase the company's current ratio? A.J. Mart inc collects

J. Mart, Inc, has a current ratio equal to 1.30. Which of the following transactions will increase the company's current ratio? A.J. Mart inc collects $500,000 of its accounts receivable B.J. Mart inc. writes a $30,000 check to pay off some existing accounts payable c.J. Mart inc. pays back $50,000 of its long-term debt D. J. Mart inc. sells $1 million of irventory on credit. E. Not enough information is given to determine the

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