Question: Reporting a current liability as long term: Question content area bottom Part 1 A . understates the current ratio. B . overstates working capital. C

Reporting a current liability as long term:
Question content area bottom
Part 1
A.
understates the current ratio.
B.
overstates working capital.
C.
has no effect on the
acid-test
ratio.
D.
understates working capital.

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